US Manufacturing Shrinks for Second Month

The ISM purchasing managers index slipped to 48.4 in December. New orders and production fell to the lowest level since May of 2020. Timothy Fiore, ISM Manufacturing Business Survey committee chair, discusses the report on "Bloomberg Markets." Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en