U.S. Manufacturing Continued to Climb in May

U.S. manufacturing continued to churn higher in May, according to a survey of purchasing managers released last week.

Market Watch
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U.S. manufacturing continued to churn higher in May, according to a survey of purchasing managers released last week.

The Institute for Supply Management said its manufacturing index edged up a 10th of a point to 54.9 percent. Economists polled by MarketWatch expected a reading of 55 percent.

Readings above 50 percent indicate expansion.

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