ISM says fast-growing U.S. manufacturers slowed by Trump tariffs, shipping delays
July 02, 2018 at 10:21 AM EDT
American manufacturers grew in June at the fastest pace in four months, but it’s harder to get supplies delivered on time owing to recent Trump administration tariffs as well as shortages of key materials. The ISM’s new-orders gauge rose to 60.2% last month from 58.7% in May.