US factories posted fastest growth last month in two years
US manufacturing has now grown for five straight months and for 10 of the last 11 months.
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Numbers are in line with an improvement in economic growth to about a 2% pace during Q2.
US manufacturing expands at fastest pace in 2 1/2 years
Factories ramped up production, stepped up hiring and received orders at a healthy clip.
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Manufacturing would grow by 1.6%, with paper production and primary metals seeing the greatest benefit.
India’s industrial production picks up in March
Manufacturing growth of 3.2% led the improvement.