Will manufacturing be an important tailwind for the economy?

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The ISM Manufacturing PMI is a monthly survey that measures the health of the US manufacturing sector, which is a key indicator of the overall US economy. The Manufacturing PMI is a composite of five indices with equal weights: New Orders, Production, Employment, Supplier Deliveries, and Inventories. A Manufacturing PMI reading above 50% indicates that the manufacturing economy is generally expanding; below 50% indicates that it is generally contracting.

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