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Manufacturing activity hit by tariffs; California tops for Fortune 500s; Construction spending declines

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Supply disruptions, rising costs and other tariff-related factors caused a third straight month of contraction in U.S. manufacturing in May. (Getty Images)
Supply disruptions, rising costs and other tariff-related factors caused a third straight month of contraction in U.S. manufacturing in May. (Getty Images)
CoStar News
June 2, 2025 | 8:04 P.M.

Manufacturing activity slows amid tariff shifts

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