US Manufacturing Returns to Growth as Business Optimism Soars to 34-month High

By Tom Ozimek The U.S. manufacturing sector expanded in January, marking its first growth after more than two years of contraction, as optimism about the year-ahead outlook for production soared, partly due to hopes that President Donald Trump’s policies would improve business conditions. The Institute for Supply Management (ISM) reported on Feb. 3 that its manufacturing purchasing…

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