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Manufacturing in U.S. Probably Grew at Slower Pace in August |
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Wednesday, 01 September 2010 11:37 |
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Manufacturing probably expanded in August at the slowest pace in almost a year, showing the industry that led the U.S. in recovery is now part of the economic slowdown, economists said before reports today.
The Institute for Supply Management’s factory index dropped to 52.7, the lowest since September 2009, from 55.5 in July, according to the median estimate of 78 economists surveyed by Bloomberg News.
Source: Bloomberg
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