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02 Sep
21:19

Manufacturing remains flat in US during August

The Institute for Supply Management’s (ISM) manufacturing purchasing managers’ index (PMI) remained flat in August, with the primary metals sub-sector experiencing growth, and the fabricated metals sub-sector shrinking during the month. Kallanish understands that the ISM’s manufacturing PMI reading registered at 52.8% in August, at the same level as last month's PMI reading. The latest PMI indicates that US manufacturing industries …
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