US manufacturing logs gain in Sept.

Oct 08, 2012 | 03:14 PM | Catherine Ngai

Tags  ISM, steel buyers, PMI, manufacturing, Catherine Ngai

NEW YORK — U.S. manufacturing expanded in September to end a three-month slide, according to data released last week by the Institute for Supply Management (ISM).

The purchasing managers’ index (PMI) hit 51.5 percent, an increase of 1.9 points from August. A reading above 50 percent indicates that the sector is generally expanding.....

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