Economics

Markit U.S. Factory Index Rose to 54.3 in November From 51.8

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The Markit Economics preliminary index of U.S. manufacturing rose in November to 54.3 from 51.8 last month, the London-based group said today.

A reading greater than 50 indicates expansion. The median forecast in a Bloomberg survey called for a gain to 52.3. Estimates of the 17 economists ranged from 51 to 53.1.