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August 3, 2026 at 10:00 AM EDT
Updated on August 3, 2026 at 11:01 AM EDT
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US manufacturing activity expanded in July at the fastest pace in more than four years as demand remained strong, production surged and firms added workers.
The Institute for Supply Management’s July manufacturing gauge rose to 55.6, the highest since May 2022, according to data out Monday. Readings above 50 indicate growth, and the sector has now been above that mark for seven consecutive months.
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