India, June 1 -- Manufacturing activity in the U.S. expanded for the fifth consecutive month in May, according to a report released by the Institute for Supply Management on Monday.The ISM said its manufacturing PMI rose to 54.0 in May from 52.7 in April, with a reading above 50 indicating growth. Economists had expected the index to inch up to 53.1.With the bigger than expected increase, the manufacturing PMI rea...
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