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U.S. Manufacturing Improvement at Odds With Global Weakness

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U.S. and global manufacturing are trending in opposite directions. The J.P.Morgan Global Manufacturing PMI posted a 22-month low in September, declining for the eighth out of nine months this year, while manufacturing in the U.S. rose to a four-month high, according to IHS Markit survey data. Since the end of last year, manufacturing indexes have…

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