US manufacturing slipped to a four-month low in November as tariffs pushed up prices and dampened demand. According to news agency Reuters, the slowdown caused a build-up of unsold goods, raising concerns that it may drag down wider economic growth. S&P Global said the flash US manufacturing PMI eased to 51.9 from 52.5 in October, with new orders dropping to 51.3 and inventories rising to the highest level recorded in the survey. Chris Williamson of S&P Global Market Intelligence said manufacturers faced “a worrying combination of slower new orders growth and a record rise in finished goods stock,” cautioning that output may weaken further unless demand revives. Reuters reported that consumers are increasingly reluctant to buy long-lasting manufactured goods. The University of

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