September 5, 2012
In this Tuesday, July 24, 2012, photo, tire inspector Buddy Rice checks for defects in the tire verification area at a Michelin manufacturing plant in Greenville, S.C. U.S. factory activity shrank for the third straight month in August as new orders, production and employment all fell. The report adds to other signs that manufacturing is struggling around the globe.
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Manufacturing is weakening around the globe, a trend that is weighing on U.S. growth just as the presidential campaign enters its final stretch.