U.S. factory activity jumps in November

By CNBC

Dec 03, 2018

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U.S. manufacturing activity picked up in November, according to data from the Institute for Supply Management (ISM), though a gauge of prices paid tumbled from a month earlier.

ISM’s U.S. manufacturing index rose to 59.3 in November from 57.7 in October, topping economists’ expectations for a reading of 57.6. A reading above 50 indicates expansion in the sector.

Read the full story at cnbc.com.

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