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January manufacturing growth remains at slow pace

Tuesday, February 3, 2015 - 05:50

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Consumers responded to early promotions by doing most of their holiday shopping in October and November, leading to the biggest jump in consumer spending last quarter in almost nine years.

Washington

The US manufacturing sector expanded in January at roughly the same pace as in December, holding at the slowest rate of expansion in a year's time, according to an industry report released Monday.

Financial data firm Markit said its final US Manufacturing Purchasing

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