U.S. Manufacturing Is Powering Up, Regional Report Cards Show
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America’s factories cranked it up in October, according to the latest regional manufacturing indexes.
From Milwaukee to Dallas to New York state, measures improved to multi-year highs, reflecting robust orders growth as the global economy shows some promise. The MNI Chicago Business Barometer unexpectedly advanced to 66.2, exceeding all forecasts in a Bloomberg survey and marking the strongest reading since March 2011, figures showed Tuesday.