US manufacturing mired in weakness as tariff gloom spreads
Update: 2025-11-03
Description
**Summary:**The American manufacturing sector has been struggling for eight consecutive months, with a significant drop in new orders and longer material delivery times due to ongoing tariffs. The sector's index fell below fifty, indicating contraction, and most industries, including electronics, textiles, and chemicals, are shrinking. Manufacturers are finding it cheaper to import goods than source them domestically, leading to job insecurity and layoffs. Farmers are also affected by the trade war with China, and supply chain issues persist due to tariffs and export controls. The U.S. Supreme Court is reviewing the legality of President Trump's import tariffs, adding uncertainty to the situation.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel




