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Investing.com - US manufacturing activity improved slightly in December despite remaining in contraction territory, while orders expanded for a second consecutive month.
The figures come as companies are beginning to gear up for incoming US President Donald Trump's new administration, which may potentially feature more business-friendly policies like looser regulations and tax cuts.
The Institute for Supply Management's purchasing managers' index for the manufacturing sector rose to 49.3 last ...
>>> Read more: US manufacturing contraction slows in December
The figures come as companies are beginning to gear up for incoming US President Donald Trump's new administration, which may potentially feature more business-friendly policies like looser regulations and tax cuts.
The Institute for Supply Management's purchasing managers' index for the manufacturing sector rose to 49.3 last ...
>>> Read more: US manufacturing contraction slows in December
