U.S. upper Midwest factory sector contracts in September



Richard Leong and Catherine Evans | Reuters

(Reuters) – Manufacturing industries in the U.S. upper Midwest contracted further in September, prompted by a pullback in production and employment amid ongoing U.S.-China trade tensions, a private survey released on Monday showed.

An index developed by Marquette University and published by the Institute for Supply Management-Milwaukee, which measure factory activities in parts of Wisconsin and the Illinois area, fell to 45.41 in September from 47.29 in August.

A reading below 50 means the region’s manufacturing sector is contracting.

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