March 1, 2026

cushions

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Manufacturing slowdown: US factory activity slows as tariffs push up prices; services sector cushions overall growth

contact@dailyupdatesindia.com02 mins

US manufacturing slipped to a four-month low in November as tariffs pushed up prices and dampened demand. According to news agency Reuters, the slowdown caused a build-up of unsold goods, raising concerns that it may drag down wider economic growth. Manufacturing hit by rising prices and weak demand S&P Global said the flash US manufacturing…

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US retail sales rise despite Trump tariffs: August growth beats estimates; consumer spending cushions economy

contact@dailyupdatesindia.com02 mins

Retail spending in the US exceeded expectations in August, rising 0.6 percent month-on-month, government data showed on Tuesday, even as President Donald Trump’s tariffs continue to impact the global trade environment. On a year-on-year basis, retail sales climbed 5 percent.The Commerce Department data highlighted that motor vehicle and parts dealers saw a 0.5 percent increase…

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