A U.S. survey report shows that manufacturing activity in the United States has shrunk for nine consecutive months.
Xinhua News Agency reported that a survey report released by the Institute for Supply Management of the United States on Monday (December 1st) showed that due to factors such as tariff policies and the federal government's "shutdown", the U.S. manufacturing Purchasing Managers' Index (PMI) dropped to 48.2 in November from 48.7 in October, lower than the market consensus expectation of 49.
This means that manufacturing activity in the United States has been shrinking for the ninth consecutive month.
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