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U.S. manufacturing is wobbling. Will it fall down?

·2 min read
U.S. manufacturing is wobbling. Will it fall down?

U.S. manufacturing has been seemingly impervious to any disruption the pandemic could throw at it. Earlier Monday, the New York Fed said its Empire State index on manufacturing activity tumbled 36.2 points to a reading of negative 11.6 in May. Leading gauges of orders and shipments slumped.