‘We believe we are in a stagflation period:' U.S. manufacturers stuck in slump that shows no sign of ending

Core Insights - The industrial sector of the U.S. economy has contracted for the seventh consecutive month in September, indicating ongoing challenges for companies [1] - Contributing factors to this contraction include high tariffs, rising prices, and sluggish demand, which have made it difficult for companies to operate effectively [1] Industry Summary - The contraction in the industrial sector reflects broader economic challenges faced by companies, highlighting the impact of external pressures such as tariffs and inflation [1] - The persistent decline over seven months suggests a significant trend that may affect future investment and operational strategies within the industry [1]