According to Bloomberg, U.S. factory activity declined in October for the eighth consecutive month, attributed to a reduction in production and weak demand. Manufacturers have expressed ongoing concerns regarding the uncertainty surrounding trade policy from the Trump administration.
Economy
US factory activity shrank in October for eighth straight month
"Latest report reveals U.S. factory activity shrank for the eighth straight month in October, driven by production cuts and weak demand amid trade policy uncertainty."
BY: Dr. Grace Kim5 min read
