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U.S. factory activity accelerated to a five-month high in November amid a pickup in new orders and production, suggesting that the manufacturing sector was regaining its footing after a prolonged slump. Thursday's report from the ISM, which also showed some bottlenecks in the supply chain that could drive prices higher, was the latest indication that the economy continued to gain momentum in Q4. ISM Manufacturing rose 1.3% to 53.2 last month, its best since June. Manufacturing…
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