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02 Sep
19:01

US manufacturing index rises again in August

According to data gathered by the Institute for Supply Management (ISM), overall economic activity in the manufacturing sector grew for the fourth consecutive month in August, Kallanish reports. For the month of August, the ISM's Purchasing Managers Index registered at 56%, up 1.8% from July's reading of 54.2%. Of the 15 manufacturing industries that experienced monthly growth, the primary metals was the industry with the sixth-largest growth in August, wh…
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