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Manufacturing production

Full warehouses and fewer orders: manufacturing production declines across the U.S.

by Caleigh Wells
Sep 3, 2024
The economy might still be growing, but the manufacturing industry is not. It contracted again this month—this time with some of the worst indicators we’ve seen all year.
One reason manufacturing orders are down? Consumers and businesses are waiting for the Federal Reserve to cut rates and are anxious to see who wins the election before making big purchases.
Scott Olson/Getty Images
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