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US Manufacturing Weakens, But May Rebound Quickly

from Reuters via The New York Times

Manufacturing got off to a weak start this year in the United States as motor vehicle output tumbled in January, but a rebound in factory activity in New York State suggested that any setback would be temporary. In a further sign that the sluggish economic recovery remains on track, consumers were a bit more upbeat, even as they paid more for gasoline and a tax increase reduced their paychecks. more


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