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US manufacturing growth slows in July

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WASHINGTON — A survey of purchasing managers finds that growth in U.S. manufacturing slowed in July.

The Institute of Purchasing Managers' index slid to 52.7 last month from 53.5 in June.

The index, which was supposed to be published at 10 a.m. Eastern Daylight Time, was "inadvertently released" early, institute spokeswoman Kristina Cahill said by email.

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