The energy slowdown is adding strain on a manufacturing sector that is also contending with lower global trade and new tariff costs
Advances in fracking and drilling transformed global energy markets over the past decade, raising U.S. oil-and-gas production to record levels.
That has created big business for American factories supplying drillers with cranes, engines and pipes. The oil-and-gas industry bought $48 billion worth of manufactured products in 2018, the U.S. Bureau of Economic Analysis said, four times as much...
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