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04 Jan
18:34

US manufacturing index ticks up in December

The US manufacturing sector expanded again in December, carrying growth in both primary and fabricated metal products, says the Institute for Supply Management. The institute’s purchasing managers’ index grew 1.5 percentage points from November to December, reaching 54.7%. Readings above 50% generally indicate growth in the nation’s manufacturing activity, Kallanish notes. The institute polls executives in 18 basic industries on their manufa…
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