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CNBC - Economy

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The commentary pointed to a highly volatile environment in which purchasing managers were struggling to stay ahead

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Trimmed mean measures are painting a different picture than the headline numbers.

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The official manufacturing purchasing managers' index fell to 49.2 in July from 50.3 in June, National Bureau of Statistics data showed Friday.

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U.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3%

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Wall Street has a clear takeaway from this week's Federal Reserve decision: A hike is likely on the horizon.

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