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U.S. manufacturing recovery still muted

  • Listed: December 5, 2011 5:52 pm

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Two different sets of numbers out Monday suggested recovery in the U.S. manufacturing sector remains muted. Factory orders fell by 0.4 per cent in October, the Commerce Department reported, for the second straight month. At the same time, the Institute for Supply Management said factory output expanded in November for the 28th straight month. The ISM services index fell slightly to…

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