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U.S. Manufacturing Index Edges Down To Lowest Level Since May 2020

Por: RTTNews Business January 04, 2023

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The Institute for Supply Management released a report on Wednesday showing U.S. manufacturing activity contracted at a slightly faster rate in the month of December.The ISM said its manufacturing PMI edged down to 48.4 in December from 49.0 in November, with a reading below 50 indicating a contraction. Economists had expected the index to slip to 48.5.Manufacturing activity contracted for the second consecutive month after expanding for 29... + full article



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