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01 Jul
20:46

Metals lag overall economic recovery: ISM

Though overall economic activity and activity within the manufacturing sector grew in June, the metals sector continued to lag, Kallanish learns from the Institute for Supply Management. The institute’s monthly purchasing managers index fell to 51.7% in June from May’s reading of 52.1%, but all readings above 50% constitute growth. The index is compiled by polling manufacturing executives in 18 different industries, and 12 found growth in June. Bo…
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