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المشهد العربي
Richmond industrial activity declines amid mixed signals
The manufacturing sector in Richmond experienced a slowdown in activity during August, with the overall index declining. However, shipments continued to rise, new orders declined, and employment levels decreased. Despite this, companies maintained a cautious optimistic outlook, expecting shipments and orders to rebound in the coming months. Input costs also rose during the month, while the index predicted a slowdown in price inflation over the next twelve months.
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