U.S. manufacturing growth slows to 13-month low: ISM

The Institute for Supply Management (ISM) said its index of national factory activity fell to 52.9 from 53.5 the month before. A reading above 50 indicates expansion in the manufacturing sector. Most components of the index declined, suggesting a slowing in growth in the factory sector, though the main index's 50-plus reading marks the 28th consecutive month of growth in manufacturing.

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