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Penny Yi Wang

Penny Yi Wang

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economic indicator

ISM manufacturing index slipped in September

The nation’s manufacturing sector showed softer-than-expected growth in September, according to a trade report on Wednesday. The Institute for Supply Management manufacturing index slipped to 56.6 in September from 59 percent in August, indicating slowing expansion. The actual reading came below the economists’ estimate of 58.5, according to Bloomberg L.P.

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