Manufacturing in U.S. Contracts at Fastest Pace in Six Years

  • Ten of 18 manufacturing industries contracted last month
  • Exports showed surprising rebound while imports slumped

China, Middle East Trigger Global Stock Selloff

Manufacturing in the U.S. contracted in December at the fastest pace in more than six years as factories, hobbled by sluggish global growth, cut staff at the end of 2015.

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