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U.S. Factory Activity Expands for 10th Consecutive Month

The ISM purchasing managers index rose to 55.5 in October from 54.5 in September; readings above 50 indicate expansion.

By Mark R. LongU.S. factory activity expanded in October for the 10th consecutive month, with the Institute for Supply Management's purchasing managers index rising to 55.5 in October from September's 54.5.Readings above 50 indicate a sectoral expansion. The October reading of the production index…

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