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The U.S. Manufacturing sector Tumbled due to a Trade War, the Deepest Since 2009

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The U.S. Manufacturing sector Tumbled due to a Trade War, the Deepest Since 2009

overall, the U.S. economy seems to be in a condition of relatively healthy at the end of 2019, supported by low unemployment and consumer spending healthy. Consumption accounts for about 70% of the economic activity of the Country of Uncle Sam's.

the housing Sector also seems to contribute to the economic growth last year after becoming obstacles during the last few years. In a separate report, the Commerce Department said US construction spending rose more than expected in November and builder also spend a lot more in previous months than earlier estimated.

construction Spending increased 0.6% in November, beating analysts ' estimates of 0.3%. Data for October and September were revised to show an increase in spending, reversing the direction of the previously estimated contraction in spending during those months.

this Article has been published in the Katadata.co.id with the title "the U.S. Manufacturing Sector Tumbled due to a Trade War, the Deepest Since 2009" , https://katadata.co.id/berita/2020/01/06/sektor-manufaktur-as-anjlok-akibat-perang-dagang-terdalam-sejak-2009
Author: Agustiyanti
Editor: Agustiyanti

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