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Mid-Atlantic manufacturing activity back in expansion

from Dow Jones Newswires via Fox Business

Manufacturing activity in the mid-Atlantic region improved in November, the latest sign of possible stabilization in a sector that has been hamstrung by weaker global demand and a stronger U.S. dollar. The Federal Reserve Bank of Philadelphia said its index of general business activity covering the regional factory sector rose to 1.9 this month from -4.5 in October and -6.0 in September. Since running to the best level of the year in June, the index has given back ground. more

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