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U.S. Manufacturing Index Rises Slightly More Than Expected

Activity in the U.S. manufacturing sector continued to expand in the month of March, according to a report released by the Institute for Supply Management on Monday, with the index of activity in the sector rising by slightly more than anticipated.

The ISM said its index of activity in the manufacturing sector climbed to 53.4 in March from 52.4 in February, with a reading above 50 indicating growth in the sector. Economists had expected the index to edge up to a reading of 53.0.

by RTT Staff Writer

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