U.S. factory activity eases in August; input prices stay elevated
ISM said U.S. manufacturing activity eased in August, citing slower new orders. Some firms warned higher input prices tied to the Middle East conflict and tariffs could hurt sales.
By Lucia MutikaniU.S. manufacturing activity eased in August amid a slowdown in new orders and some manufacturers worried that higher prices because of the Middle East conflict and tariffs could undercut sales.The survey from the Institute for Supply Management on Tuesday also noted price pressures…