U.S. Manufacturing Contracts; Private Payrolls Post First Drop Since 2017

Reuters, Apr. 1, 2020–Lucia Mutikani
U.S. manufacturing activity contracted less than expected in March, but disruptions caused by the coronavirus pandemic pushed new orders received by factories to an 11-year low, reinforcing economists’ views that the economy was in recession.
https://www.reuters.com/article/us-usa-economy-jobs/u-s-manufacturing-contracts-private-payrolls-post-first-drop-since-2017-idUSKBN21J5IR