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    Economy

    ISM Index Highlights the Negative Impact of the Coronavirus

    Written by Sandy Williams


    A sharp decline in new orders and production drove the Institute for Supply Management Manufacturing PMI into contraction in March, falling to 49.1 from February’s reading of 50.1 percent.

    ISMchart“The coronavirus pandemic and shocks in global energy markets have impacted all manufacturing sectors,” said Timothy Fiore, chairman of the Institute for Supply Management.

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