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Industry News
7th February 2018

Monday Economic Report – February 5, 2018

Manufacturing activity continued to expand solidly, even with the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index edging down from 59.3 in December to 59.1 in January. New orders increased at their fastest pace in 13 years in December, but that expansion slowed a little in January, down from 67.4 to 65.4. Nonetheless, it was the eighth consecutive month that the sales measure exceeded 60, which would signify robust growth in demand overall.

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