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03 Aug
19:03

Manufacturing industry continues expansion in US

The US manufacturing industry continued to expand in July, Kallanish learns from the Institute for Supply Management’s (ISM) manufacturing purchasing managers’ index (PMI). However, the pace of economic growth for the industry shrank from the prior month. The ISM’s manufacturing PMI reading registered at 52.8% in July, falling by 2% below June’s reading. Despite this being the 26th consecutive month of economic growth fo…
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