US manufacturers power through December Covid surge

Washington (AFP) – The resurgence of Covid-19 in the United States did not hold back factories in December, which saw activity grow faster than expected, according to an industry survey released Tuesday. The Institute for Supply Management’s (ISM) manufacturing index rose to 60.7 percent last month, defying forecasts that it would decline slightly as the world’s largest economy struggled with surging levels of coronavirus infections. “Manufacturing performed well for the seventh straight month, with demand, consumption and inputs registering strong growth compared to November,” survey chair Ti…

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