U.S. manufacturing gauge drops to lowest level in six months

SEVERAL U.S. MANUFACTURING indicators declined in October. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT
SEVERAL U.S. MANUFACTURING indicators declined in October. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT
NEW YORK - A gauge of United States manufacturing fell by more than forecast to a six-month low, as orders and hiring cooled amid escalating trade tensions with China, data from the Institute for Supply Management showed Thursday. Highlights of ISM manufacturing (October) Factory index dropped to 57.7 (estimated 59) from 59.8 in prior month; readings…

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