Washington, Feb 3, 2025 (AFP) - US manufacturing expands in January, ending 26-month contraction

NAMPA / AFP
2025-02-03
US manufacturing activity expanded last month for the first time in more than two years on improving demand and production, according to survey data published Monday. The Institute for Supply Management's (ISM) manufacturing index hit 50.9 percent last month, rising 1.7 percentage points from November to cross the 50-point mark separating expansion from contraction. This was slightly above the median expectation of 50.0 in a survey of economists......
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