Manufacturing Activity Picks Up in October: ISM

Production and new orders show growth but Europe, fiscal cliff worries are drag on U.S. manufacturing.

The October manufacturing report from the Institute for Supply Management showed the sector edging up to 51.7%, an increase of 0.2 percentage point from September's reading of 51.5%. Readings in the widely followed index over 50 indicate growth in manufacturing. Click here to continue...

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