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Global Business News

The Economic Times

Global Business / The Economic Times

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US factory activity accelerates, uncertainty remains high: survey

US manufacturing activity grew faster in July, reaching a four-year high. The Institute for Supply Management's index rose to 55.6 percent, exceeding expectations. Employment in manufacturing entered expansion territory for the first time in nearly three years. Price volatility and geopolitical tensions impacted some respondents negatively. However, artificial intelligence infrastructure buildout boosted demand for certain sectors.

3 Aug 2026 8:32 pm