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Bloomberg announced a reduction in US manufacturing activity

Bloomberg: US manufacturing activity shrinks for the eighth month in a row
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U.S. manufacturing activity declined in October 2025 for the eighth month in a row due to weak demand and the economic downturn. This was reported on November 3 by the Bloomberg news agency.

It is specified that the Institute of Supply Management's (ISM) manufacturing index decreased by 0.4 points to 48.7. Values below 50 indicate a reduction in the country's manufacturing activity. The commodity price index fell by 3.9 points to 58 points, which is the lowest level since the beginning of 2025.

The biggest drop in manufacturing activity affected the textile, clothing and furniture industries, the article says.

Earlier, on October 28, German Economy Minister Katharina Reiche said that German economic structures are currently uncompetitive due to excessive regulation, high energy prices and cultural barriers.

Prior to that, on August 7, Bloomberg reported that industrial production in Germany had experienced its biggest drop in a year, leading to a crisis caused by trade duties imposed by US President Donald Trump. According to the newspaper, due to the industrial collapse, the German economy shrank by 0.2%, not 0.1%.

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