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02 Dec
20:49

US manufacturing index dips slightly in November

According to data gathered by the Institute for Supply Management (ISM), overall economic activity in the manufacturing sector declined from October to November, Kallanish reports. In the month of November, the ISM's purchasing managers index (PMI) registered at 57.5%, down -1.8% from October's reading of 59.3%. A reading above 50% indicates that the manufacturing economy is generally expanding; below 50% indicates that it is generally contracting. Despite…
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