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US manufacturing growth slows in February as tariffs drive up costs, ISM index shows.
US manufacturing activity stabilized in February, with the ISM manufacturing index at 50.3, indicating growth but marking a slowdown from January.
Tariffs are causing significant price pressures, with the cost index reaching a three-year high at 62.4.
New orders and employment declined, and production growth slowed.
Meanwhile, Canada and Mexico also experienced manufacturing contractions due to tariff uncertainties, affecting output and new orders.
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El crecimiento de la industria manufacturera de EE.UU. se desacelera en febrero cuando los aranceles aumentan los costos, muestra el índice ISM.