US manufacturing contracted for an eighth straight month in October as new orders remained subdued, and suppliers were taking longer to deliver materials to factories against the backdrop of tariffs on imported goods.
Accounts from manufacturers in the Institute for Supply Management survey on Monday painted a dire picture of the factory sector, which ironically President Donald Trump's sweeping duties are intended to stimulate.
Economists have long argued it was impossible to restore manufacturing to its former glory because of structural issues, including worker shortages.
Some makers of computer and electronic products agreed, and noted last month that "the cost to import in many cases is still more attractive than sourcing within the US". The ISM added to the gloom from other advanc

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