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Factory activity signals modest economic gains in January
ISM says manufacturing index reached 58.4 in January, the sixth straight expansion month. New orders and current production rose, with 13 of 18 industries expanding led by apparel and machinery while inventories contracted more slowly. China's manufacturing also expanded despite cooling inflation efforts.
MENTIONED IN THIS ARTICLE
New York
America
Michael Gregory
BMO Capital Markets
Institute For Supply Management
Thomson Reuters
China
U.S
ISM