WASHINGTON, Dec. 1 (Reuters) – Growth in manufacturing activity in the United States accelerated in November amid strong demand fueling price hikes amid raw material shortages, the monthly survey of the United States shows. ‘Institute for Supply Management (ISM) released Wednesday.
The ISM manufacturing index rose to 61.1 in November against 60.8 the previous month. Economists polled by Reuters on average expected a figure of 61.0.
The number 50 marks the border between growth and contraction of activity.
(Report Lucia Mutikani; French version Claude Chendjou, edited by Jean-Michel Bélot)
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