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Surprise! U.S. Manufacturing Increases in November

Manufacturing in the U.S. accelerated in November, rising to 57.3% from 56.4% and reaching the highest level since April 2011, the Institute for Supply Management said Monday. The gain came as a surprise. Economists expected a drop to 55.2. Readings above 50% indicate expansion. The new orders index increased in November by three percentage points to [...]
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