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US manufacturers grow as orders, stockpiles rise

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U.S. manufacturing activity expanded more quickly last month as companies received more orders and boosted their stockpiles. But a measure of production fell to its lowest level in nearly five years, likely a casualty of severe winter weather. The Institute for Supply Management, a group of purchasing managers, says its manufacturing index rose to 53.2 in February from 51.3 in January. The...

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