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08 Dec
18:12

ISM: US manufacturing to perk up next year

Both manufacturing revenues and capital expenditures are expected to grow next year, continuing the slow but steady trend that has held since the 2009 recession, Kallanish learns from the Institute for Supply Management (ISM). Around 63% of respondents to an ISM survey said they are counting on revenues being 4.1% higher in 2016 compared to 2015. Revenues rose 1.4% from 2014 to 2015, ISM notes. Though raw material prices are expected to be up 0.5% next year, …
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