Manufacturing Index Again Shows Contracting
The overall economy, however, continued to expand.
Source: inddist.com
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The overall economy, however, continued to expand.
US manufacturing sector rebounded in January, with strong new orders but rising costs. Business optimism also high, but supply chain issues remain.
Business activity in the US manufacturing sector continued to contract in January, albeit at a softer pace than December, with the ISM Manufacturing PMI rising to 49.1 from 47.1.
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