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02 Apr
19:55

US manufacturing index indicates growth during March

According to data gathered by the Institute for Supply Management (ISM), economic activity in the US manufacturing sector rose from February to March, Kallanish reports. In the month of March, the ISM's purchasing managers index (PMI) registered at 64.7%, up 3.9% from February's reading of 60.8%. The increasing manufacturing PMI during March indicates an overall economic expansion in the US for the tenth consecutive month in a row following contr…
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