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03 Mar
16:28

US manufacturing index increases in February

According to data gathered by the Institute for Supply Management (ISM), economic activity in the US manufacturing sector rose from January to February, Kallanish reports. In the month of February, the ISM's purchasing managers index (PMI) registered at 60.8%, up 2.1% from January's reading of 58.7%. An increasing manufacturing PMI for February indicates an overall US economic expansion for the ninth consecutive month following contractions in March, April…
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