How's the U.S. economy doing? It depends where you look.. U.S. manufacturing activity contracted in May- for the first time in 6 months. Activity is at its lowest level in nearly 4 years. New orders slipped and there was less demand for exports. But that comes on the heels of a private report showing U.S. manufacturing activity expanded at a steady, modest pace- and supported the overall economy. Chase Private Client Chief Economist Anthony Chan:moreless
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