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Data: Investing.com; Chart: Harry Stevens/Axios

Manufacturing data released Thursday was weak all over the globe, signaling slowing international commerce.

Why it matters: "After global GDP was stronger than expected in Q1, the continued weakness in the latest business surveys among advanced economies suggests that the world economy will lose steam in the second quarter," economists at Capital Economics wrote in a note to clients.

  • Brett Ryan, senior U.S. economist at Deutsche Bank, warns, "Any potential negative fallout from the latest escalation of trade tensions is likely to first show up in the PMIs, which have traditionally been leading indicators of capital spending."

What's happening: The preliminary U.S. manufacturing purchasing managers' index (PMI) fell to 50.6, the lowest reading since 2009. An early reading on Japanese manufacturing PMI fell into contraction as export orders fell at the fastest pace in 4 months.

But perhaps the worst news came from the eurozone where readings on manufacturing have been in contraction since February and have missed economists' expectations in every month except March.

  • Eurozone manufacturing PMI fell again this month, and Ifo Institute for Economic Research President Clemens Fuest now says, "there is reason to worry."

Go deeper: Markets worldwide decide it's time to panic

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Updated 8 mins ago - Politics & Policy

Supreme Court clears way for first federal execution since 2003

Lethal injection facility in San Quentin, California. Photo: California Department of Corrections and Rehabilitation via Getty Images

The Supreme Court ruled early Tuesday that federal executions can resume, reversing a lower court decision and paving the way for the first lethal injection since 2003 to take place at a federal prison in Indiana, AP reports.

The big picture: A lower court had delayed the execution, saying inmates had provided evidence the government's plan to carry out executions using lethal injections "poses an unconstitutionally significant risk of serious pain."

1 hour ago - Health

More Republicans say they're wearing masks

Data: Axios/Ipsos poll; Chart: Andrew Witherspoon/Axios

Nearly two-thirds of Americans — and a noticeably increasing number of Republicans — say they’re wearing a face mask whenever they leave the house, according to the latest installment of the Axios-Ipsos Coronavirus Index.

Why it matters: A weakening partisan divide over masks, and a broad-based increase in the number of people wearing them, would be a welcome development as most of the country tries to beat back a rapidly growing outbreak.

Buildings are getting tested for coronavirus, too

Illustration: Eniola Odetunde/Axios

Testing buildings — not just people — could be an important way to stop the spread of the coronavirus.

Why it matters: People won't feel safe returning to schools, offices, bars and restaurants unless they can be assured they won't be infected by coronavirus particles lingering in the air — or being pumped through the buildings' air ducts. One day, even office furniture lined with plants could be used to clean air in cubicles.