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US factory activity in March weakest since 2009

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The US manufacturing sector contracted in March, with activity hitting its lowest level since 2009, as the coronavirus pandemic caused widespread shortages.

[WASHINGTON] The US manufacturing sector contracted in March, with activity hitting its lowest level since 2009, as the coronavirus pandemic caused widespread shortages, a survey confirmed on Wednesday.

Data firm IHS Markit said its final US manufacturing Purchasing Managers' Index fell...

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