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03 Aug
17:08

US manufacturing sector activity growth slows in July

Economic activity in the US manufacturing sector expanded in July. The overall economy grew for the 111th consecutive month, say the nation’s supply executives in the latest US Institute of Supply and Manufacturing (ISM) report on the sector sent to Kallanish. The rate of activity growth slowed however during the month. The July Purchasing Managers Index (PMI) registered 58.1%, a decrease of 2.1 percentage points from the June reading of 60.2%, ISM says. T…
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