A measure of U.S. manufacturing activity unexpectedly fell inMay to the lowest level since October 2016, in a sign thatPresident Donald Trump's trade war with China is weighing on the economyas he considers further tariffs.

The Institute for Supply Management's (ISM's) purchasingmanagers index declined to 52.1 from 52.8, missing the medianforecast of 53 in Bloomberg's survey but holding above the 50 markthat indicates expansion. Three of five components declined,including production, inventories, and supplier deliveries,according to a report Monday.

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