Manufacturing Shrinkage Surprises Economists

Manufacturing shrank in June for the first time in nearly three years as new orders plummeted, according to one measure of the sector that provided a stark sign of the economic recovery's slowdown.
July 3, 2012 AT 9:08 AM

Manufacturing shrank in June for the first time in nearly three years as new orders plummeted, according to one measure of the sector that provided a stark sign of the economic recovery's slowdown.

Source: Reuters