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Oct 30, 2017·A separate survey found China's services sector also lost momentum, with the official monthly non-manufacturing PMI falling to 54.3 from 55.4 the previous month.

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Sep 25, 2020·With the onset of the pandemic, the manufacturing and service sectors were both hit incredibly hard. According to the Federal Reserve, U.S. manufacturing production declined at a 47% annualized rate in the second quarter, while the latest GDP report revealed an unprecedented 43.1% annualized decline in real consumer spending on consumer services in the second quarter.

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China manufacturing holds steady in December | Fox Business

The manufacturing reading indicated expansion. China's economy has been slowing due to both domestic and global factors, including a trade war with the U.S.

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