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Post by bot on Oct 1, 2013 14:27:48 GMT -5
WASHINGTON (MarketWatch) - The final reading of Markit's U.S manufacturing purchasing managers index for September was unchanged at 52.8, down from 53.1 in August. It was second decline in a row. Any number above 50 signals expansion, however, and similar regional surveys also show that the U.S. manufacturing sector is growing. Yet the pace of new orders fell in September to the lowest level in five months, partly because of softer exports. And plans to hire new workers also weakened: the employment index dropped to 51.3 from 53.1.
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