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Manufacturing growth quickens in January

from Reuters

Manufacturing grew in January at its fastest pace in nine months and looked likely to drive economic growth in the first three months of 2013, an industry survey showed. Firms tied the surge to a steady rise in domestic demand; the survey's new orders component rose to 57.4, its highest since May 2010. The output component rose to 56.8 from 54.5 in December. January's reading was the highest in 10 months. more


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