U.S. manufacturing posts its first expansion in 6 months

Reade Pickert

02/03/2020

U.S. MANUFACTURING expanded in January for the first time in six months, according to the Institute for Supply Management. / BLOOMBERG NEWS FILE PHOTO/MATTHEW BUSCH

WASHINGTON – A gauge of United States manufacturing rebounded sharply in January, topping estimates and signaling growth in the beleaguered sector for the first time since July. The Institute for Supply Management’s purchasing managers’ index, based on a survey of manufacturers, increased to 50.9 in January from an almost four-year low of 47.8, according to…

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