US Manufacturing Activity Slows in June Amid Soft Demand, Tight Credit
US factory output appears to be slowing amid rising commodity costs, mounting international headwinds, as well as wobbly consumer sentiment at home. Kristian Rouz – The US manufacturing sector has lost some of its momentum at the beginning of this month, coinciding with a slowdown in the services sector, as insufficient growth in disposable household incomes and elevated borrowing costs...