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Manufacturing moderates.(MARKET WATCH)
TEMPE, AZ -- "Following a strong second quarter, the manufacturing sector moderated somewhat this past month. In July, manufacturing expanded at its slowest pace in the last four months, but continuing strength in new orders and production indicate that third quarter performance should still be quite good. Upward pricing pressures, now in their seventh month, continue to be a major concern for supply managers," said Norbert J. Ore, chair of ISM's Manufacturing Business Survey Committee.
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Source: HighBeam Research, Manufacturing moderates.(MARKET WATCH)