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U.S. Manufacturing Growth Continues: ISM Purchasing Manager’s Index Hits 56.0%

US Manufacturing Growth in August by ISM

According to a recent Industry Week article, the Institute for Supply Management’s Purchasing Manager’s Index rose to 56.% in August, an increase of 1.8 points over July.

Trade picked up for the second consecutive month in August—backed by rising exports and an increase in backorders, suggesting resurgent demand.

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