Economic activity in the U.S. manufacturing sector expanded in June for the sixth consecutive month to 53.3%, or 0.7 percentage point lower than May, according to the Institute for Supply Management’s latest Purchasing Managers’ Index.
The overall economy grew for the 20th month in a row, ISM reported. A figure below 50% indicates an industry in contraction.
The S&P Global U.S. Manufacturing PMI s...
