U.S. manufacturing output accelerated in November to its fastest pace in seven m...
FILE PHOTO: A production line employee works at the AMES Companies shovel manufacturing factory in Camp Hill, Pennsylvania, U.S. on June 29, 2017. Picture taken on June 29, 2017. REUTERS/Tim Aeppel
IHS Markit said its “flash” purchasing managers index for manufacturing rose to 52.2 in November from a final reading of 51.3 in October, while its preliminary services PMI increased to 51.6 this month from 50.6 last month. Markit’s flash composite index, a blend of the two, rose to 51.9 from 50.9 in October and reaching its highest level since July.
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