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US ISM manufacturing extends growth streak in August, but slows

U.S. manufacturing activity expanded for the eighth straight month in August, but slowed more than expected. ISM’s Spence said employment sentiment started to deteriorate in August and persistent trade uncertainty can delay orders and increase price pressures.

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ISM’s Spence Sees Positive Sentiment in Employment Start to Deteriorate in August—Spence: Prolonged Trade Uncertainty Can Delay Orders, Increase Price Pressures(MaceNews) — U.S. manufacturing activity expanded for the eighth straight month in August but slowed more than expected as persistent infl…