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Industry News
7th September 2017

Survey shows six-year high in domestic manufacturing growth

The U.S. manufacturing sector expanded at the fastest pace in more than six years last month according to the latest survey conducted by the Institute for Supply Management. The ISM's Purchasing Managers Index grew more modestly in July but rebounded hit an index of 58.8 percent in August — the highest level since April 2011. The index remained above 50 percent, which reflects manufacturing growth, for the 12th consecutive month and translated to overall economic growth for the 99th month in a row.

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