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04 Jan
18:39

US manufacturing growth slows in December

The US manufacturing sector continued to expand in December, albeit at a slower pace than the month before, Kallanish learns from the latest report from the Institute for Supply Management (ISM). ISM’s manufacturing purchasing managers index (PMI) registered 58.7% in December 2021. This was the lowest point since January 2021 when it also registered 58.7%. The index was highest last year in March at 64.7%. December’s reading indicates the overall US e…
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