Factories grew at faster pace in August

U.S. factories grew at a faster pace in August as American industry continues to show robust health. The Institute for Supply Management, a trade group of purchasing managers, said Tuesday that its manufacturing index jumped last month to 61.3 from 58.1 in July. Anything greater than 50 signals growth, and U.S. manufacturing is on a 24-month ...

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Factories grew at faster pace in August

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