U.S. Manufacturing Activity Falls To 11-Year Low Amid COVID-19 Fallout
WASHINGTON, May 3 (NNN-AGENCIES) – Economic activity in the U.S. manufacturing sector plunged to an 11-year low in Apr, amid mounting COVID-19 fallout and weak global energy markets, the Institute for Supply Management (ISM) reported. The Purchasing Managers’ Index (PMI) fell by 7.6 percentage points to 41.5 percent in Apr,…

