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US manufacturing grows for 11th consecutive month

from ThomasNet Industrial News

The U.S. manufacturing industry expanded for the 11th straight month in June, although most key indicators for the sector are experiencing a slowdown in the rate of growth following a recent surge. The United States economy continued to rebound from the downturn in June, posting overall gains despite a still-struggling employment market. Growth in the manufacturing sector reflected these wider economic trends, also expanding in June, though the rate of growth in most key indicators was slower than in recent months. more

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