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Manufacturing PMI In US Rises Into Expansion Territory

Written by The Ashton Report

After languishing below the 50 tipping point that separates expansion from contraction for five months, the Institute of Supply Management’s PMI for US Manufacturing rose to 50.9 in January from an adjusted 47.8 in December, driven by gains in new orders and production. But once again, the survey was conducted before concerns about the coronavirus,…

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