Economics

U.S. Manufacturing Posts Its First Expansion in Six Months

  • Monthly gain in ISM factory gauge largest since 2013
  • Orders, production and employment indexes all improve
An American flag hangs above an assembly line in Fort Worth, Texas.Photographer: Luke Sharrett/Bloomberg
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A gauge of U.S. manufacturing rebounded sharply in January, topping estimates and signaling growth in the beleaguered sector for the first time since July.