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MAGA: How to make America miserable, Trump masterclass
  • Vitaliy_KiselevVitaliy_Kiselev

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    The August PMI indicates that US manufacturers are enduring a torrid summer, with the main survey gauge down to its lowest since the depths of the financial crisis in 2009. Output and order book indices are both among the lowest seen for a decade, indicating that manufacturing is likely to have again acted as a significant drag on the economy in the third quarter, dampening GDP growth.

    “At current levels, the survey indicates that manufacturing production is falling at an annualised rate of approximately 3%.

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