Manufacturing industry is expanding - KWWL - Eastern Iowa Breaking News, Weather, Closings

Manufacturing industry is expanding

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WASHINGTON  (AP) -- U.S. factory output grew for the 16th straight month in November, though at a slightly slower pace than the previous month.

The Institute for Supply Management says manufacturing activity dropped to 56.6 in November, down from 56.9 in October.   But any reading over 50 indicates growth.  Manufacturing has been one of the strongest sectors of the economy since the recession ended.

New orders and production also grew, but at a slower pace. 

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