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Factory activity growth slips in October: Markit

Conference Board's index of leading economic indicators gauge of outlook for next 3-6 mths up 0.8%

Published Thu, Oct 23, 2014 · 09:50 PM
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New York

THE US manufacturing sector slowed in October to its lowest rate of growth since July, while a gauge of new orders hit its lowest level since January, an industry report showed on Thursday.

Financial data firm Markit said that its preliminary or "flash" US Manufacturing Purchasing Managers Index fell to 56.…

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