U.S. manufacturing sector slows; construction spending hits record high

U.S. manufacturing sector slows; construction spending hits record high

The Edge Markets - World·2020-03-03 02:49

WASHINGTON (March 2): U.S. factory manufacturing activity slowed in February as new orders contracted, reflecting worries about supply chain disruptions related to the fast-spreading 2019 novel coronavirus (Covid-19) outbreak, which has revived financial market fears of a recession.

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America Economy