U.S. factory gauge rises from two-year low on jobs advance

THE INSTITUTE FOR SUPPLY MANAGEMENT index, a measurement of the health of the U.S. manufacturing industry, rose to 55.3 from 54.2 as three of five main components increased. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT
THE INSTITUTE FOR SUPPLY MANAGEMENT index, a measurement of the health of the U.S. manufacturing industry, rose to 55.3 from 54.2 as three of five main components increased. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT
NEW YORK - A gauge of United States factories topped estimates in March, rising from a two-year low on strength in employment and orders and signaling stabilization after a rocky few months. The Institute for Supply Management¬†index rose to 55.3 from 54.2 as three of five main components increased. The result topped estimates in a…

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