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Manufacturing Slows As Material Costs Rise

Sunday, May 06 2018
News Roundup
Written by  TPB News

Material costs continued to rise amid tariff and supply concerns while manufacturing in the U.S. expanded at its slowest pace since July. So reports Investor's Business Daily.

According to data from the Institute for Supply Management included in the article, indicators show factories are struggling to keep up with demand while delivery times grew to their second longest since March of 2010. Recently enacted economic policies have had polar effects on businesses, with tax cuts working in favor of manufacturers and steel and aluminum tariffs partly disrupting the supply chain.

Read the full article from Investor's Business Daily. 

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