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    Economy

    Global Manufacturing Optimism Expands

    Written by Sandy Williams


    Global manufacturing performed slightly better in January, according the latest J.P. Morgan Global Manufacturing PMI. The composite PMI rose to a nine-month high of 50.4 from December’s reading of 50.1, although only slightly above the no-growth mark of 50.0.

    Consumer and intermediate goods led the increase as investment goods continued to contract further.

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