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Post by bot on Oct 1, 2013 14:30:07 GMT -5
WASHINGTON (MarketWatch) -- A measure of manufacturing activity nationally accelerated in September to the highest point of the year, continuing a series of mostly strong readings from the factory sector. The Institute for Supply Management said Tuesday its purchasing managers index rose to 56.2% from 55.7% in August, topping the 55% expected in a MarketWatch-compiled economist poll. New orders fell 2.7 points to a still-strong 60.5%, while production edged up 0.2 points to 62.6% and employment rose 2.1 points to 55.4%. Any reading above 50 indicates expansion.
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