Why it matters
Continued factory growth can affect manufacturers, workers, suppliers and customers across the United States. Persistent costs may weigh on businesses even as orders and production rise.
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The Institute for Supply Management’s manufacturing index rose to 55.5 in October from 54.5 in September, indicating continued expansion. Reports also describe stronger orders and persistent input-cost pressures.
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Continued factory growth can affect manufacturers, workers, suppliers and customers across the United States. Persistent costs may weigh on businesses even as orders and production rise.