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U.S. factory activity slowed for a second straight month in April, with manufacturers complaining about rising commodity prices in the wake of the Trump administration’s tariffs on steel and aluminum imports. ....The Institute for Supply Management (ISM) survey published on Tuesday also showed shortages of skilled workers, which together with the proposed import tariffs were causing bottlenecks in the supply chain. ....https://www.reuters.com/article/us-usa-economy-construction/u-s-construction-spending-tumbles-on-weak-homebuilding-idUSKBN1I23R6
So what is it? Tariffs or lack of labor? Can't have it both ways here.