U.S. manufacturing gauge reaches 2-year high

09/3/2013 | Bloomberg

A key gauge of U.S. manufacturing increased last month to its highest level in more than two years, according to the Institute for Supply Management. "Businesses are expanding production not only to meet demand but to also build inventories. Manufacturing worldwide is impressing to the high side," said Brian Jones, a senior economist at Societe Generale in New York.

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