Friday, October 11, 2024
48.0°F
<p>FILE- In this Friday, June 22, 2012, file photo, Tesla Model S frames are shown in the assembly area at the Tesla factory in Fremont, Calif. The Institute for Supply Management, a trade group of purchasing managers, reported Monday, July 2, 2012, that U.S. manufacturing is declining for the first time in nearly three years. Manufacturing activity fell in June to the lowest reading since July 2009. (AP Photo/Paul Sakuma, File)</p>

Stories this photo appears in:

U.S. manufacturing shrinks for first time in three years
July 3, 2012 9:15 p.m.

U.S. manufacturing shrinks for first time in three years

WASHINGTON - U.S. manufacturing shrank in June for the first time in nearly three years, adding to signs that economic growth is weakening.