The manufacturing sector is growing... only for companies serving the domestic market.
November Manufacturing PMI sits at 51.1, the highest it had been in 20 months.
October saw a faster expansion of the manufacturing sector than last month, and the second time in a row that the manufacturing PMI is above 50, which means it is growing, although details are to be considered.
It is the first time in over a year that the output is rising, meaning that production is accelerating. All of that amid a demand that is seeming…
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