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Weakness persists at US factories as global sales stall
Strong dollar, record first-half inventory growth and energy sector woes hounded producers
Add BT as a preferred sourcePublished Mon, Nov 2, 2015 · 09:50 PM
Washington
AMERICAN manufacturing remained stuck in neutral in October as factories struggled with dwindling overseas demand and well-stocked customers at home.
The Institute for Supply Management's index was little changed at 50.1, the weakest since May 2013, after 50.2 in September, a report from the Tempe, Arizona-based group showed on Monday. A reading of 50 is the dividing line between expansion and contraction.
