US Manufacturing Continues Contraction Amid Trade Tensions

TL;DR Summary
Despite the reduction of tariffs, US manufacturing remains in a slump with ongoing trade tensions causing increased costs, reduced demand, and pessimism among executives, leading to a contraction in new orders and employment, and a slow economic recovery.
- U.S. manufacturing slump shows little sign of ending amid ongoing trade wars, ISM says MarketWatch
- US manufacturing mired in weakness as tariffs bite Yahoo Finance
- U.S.’s Sluggish Factory Activity Persists Amid Trade Uncertainty WSJ
- Manufacturing PMI® at 49%; June 2025 Manufacturing ISM® Report On Business® PR Newswire
- US Manufacturing Activity Contracted in June for a Fourth Month Bloomberg.com
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