Hummer EVs are seen on the production line as U.S. President Joe Biden tours the General Motors ‘Factory ZERO’ electric vehicle assembly plant, in Detroit, Michigan, U.S. November 17, 2021. REUTERS/Jonathan Ernst/File Photo Acquire Licensing Rights Oct 24 (Reuters) – U.S. business output ticked higher in October as the manufacturing sector pulled out of a five-month contraction on a pickup in new orders, and services activity accelerated modestly amid signs of easing inflationary pressures. S&P Global on Tuesday said its flash U.S. Composite Purchasing Managers Index tracking both the manufacturing and service sectors rose to 51.0 in October – one point above the 50 level that sepa
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