U.S. factory index falls to fresh nine-year low

THE IHS Markit manufacturing Purchasing Managers’ Index slipped to 50.1 from 50.5, according to a preliminary report Friday. / BLOOMBERG FILE PHOTO/ MATTHEW BUSCH
THE IHS Markit manufacturing Purchasing Managers’ Index slipped to 50.1 from 50.5, according to a preliminary report Friday. / BLOOMBERG FILE PHOTO/ MATTHEW BUSCH
WASHINGTON – A gauge of United States factories fell in June to the lowest since late 2009 and hovered just above the threshold between expansion and contraction, the latest signal that the American industrial sector is losing momentum amid rising uncertainty. The IHS Markit manufacturing Purchasing Managers’ Index slipped to 50.1 from 50.5, according to…

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