According to the ISM survey, manufacturing activity was contracting in April. In fact, the survey has been saying activity has been contracting for seven consecutive months. ismworld.org/globalasse…

Keep in mind that during times of uncertainty, soft survey data tends to reflect exaggerated concerns that aren’t confirmed in the hard data. For more on this, read:

What businesses do > what businesses say 🙊
Jun 1, 2023
at
4:22 PM