ISM manufacturing index rises to 57.0 in December, less than expected
"The U.S. manufacturing sector continued to grow in December, marking the 17th straight month of expansion, according to a closely followed index. The Institute for Supply Management on Monday said its index of factory activity rose to 57.0% in December from 56.6% in November. Readings over 50% indicate that more firms are growing than contracting. The ISM, however, was expected to climb to 57.5%, according to economists surveyed by MarketWatch."
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