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11-year low for US manufacturing

11-year low for US manufacturing

Manufacturing in the US has witnessed an 11 year low in May, which is an indicator that the worst of the COVID-19 implications may be behind us for the manufacturing sector. Many businesses are opening after months, but the economy and industry could still take years to recover due to the unprecedented levels of unemployment. Read the whole article here for deeper insights on how and why the manufacturing sector has been hit: https://www.reuters.com/article/us-usa-economy-manufacturing/u-s-manufacturing-activity-pulls-off-11-year-low-ism-idUSKBN2382R2 

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