【环球财经】美国制造业活动连续第九个月萎缩

Group 1 - The core point of the article is that U.S. manufacturing activity has contracted for the ninth consecutive month in November, influenced by tariff policies and fiscal uncertainty [1] - The Manufacturing Purchasing Managers' Index (PMI) decreased from 48.7 in October to 48.2 in November, falling below the market consensus expectation of 49 [1] - Among the five main components of the PMI, new orders, employment, inventory, and supplier deliveries are all in contraction territory, while only the production index returned to expansion [1] Group 2 - In the survey of 18 manufacturing sectors, 4 reported expansion, 11 reported contraction, and 3 remained stable or showed no significant change [1] - The chair of the Manufacturing Business Survey Committee noted that the acceleration of contraction in manufacturing activity is due to weak new orders and employment, along with further delays in supplier deliveries [1] - The PMI is a key indicator of U.S. manufacturing health, with a reading above 50 indicating expansion and below 50 indicating contraction [1] Group 3 - Historical data indicates that when the manufacturing PMI is above 42.3, it typically signals overall economic expansion [2] - Based on the November PMI reading, the model from the Supply Management Association estimates the current quarter's annualized GDP growth rate for the U.S. to be approximately 1.7% [2]