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National News

The Economic Times

National / The Economic Times

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US factory activity grows for first time in 12 months: survey

US manufacturing saw growth in January, the first in a year. New orders and production improved, boosting the ISM index. However, businesses express caution. Holiday reordering and anticipation of price hikes influenced activity. Tariffs continue to create uncertainty and slow supply chain shifts. Despite some positive signs, firms remain hesitant about expansion.

3 Feb 2026 12:31 am