Manufacturing Slowdown Reaches U.S
By NEIL SHAH And BEN CASSELMANThe global economic slowdown has finally caught up with American manufacturers.The U.S. factory sector shrank in June for the first time since July 2009, the first month of the recovery, the Institute for Supply Management said Monday. Exports fell sharply, and new orders—an indication of future activity—dropped at their fastest pace since the post-9/11 plunge in October 2001.