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US manufacturing sector contracts in July amid tariff worries

By Michele Maatouk

Date: Friday 01 Aug 2025

(Sharecast News) - The US manufacturing sector contracted in July for the first time this year as concerns about tariffs took their toll, according to a survey released on Friday.
The S&P Global manufacturing purchasing managers' index fell to 49.8 from 52.9 in June. This was below the 50.0 mark that...

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