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MNI INTERVIEW (RPT):ISM Mfg Chief-Technical Recession Possible

(MNI) Washington

Data show continued moderated growth through the rest of the year, ISM manufacturing chief says.

(Repeats article first published on July 2)

U.S. manufacturers are experiencing weaker business growth in the face of global disruptions and, while data suggest the sector should be able to sustain moderate growth levels through yearend, there is a risk that widening concerns about growth could become self-fulfilling, Institute for Supply Management chair Timothy Fiore told MNI Friday.

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(Repeats article first published on July 2)

U.S. manufacturers are experiencing weaker business growth in the face of global disruptions and, while data suggest the sector should be able to sustain moderate growth levels through yearend, there is a risk that widening concerns about growth could become self-fulfilling, Institute for Supply Management chair Timothy Fiore told MNI Friday.

Keep reading...Show less