WASHINGTON—Growth picked up for U.S. manufacturers in January, a sign strong factory-sector demand and output overrode uncertainty surrounding the partial government shutdown in the first month of the year. The Institute for Supply Management’s manufacturing purchasing managers index rose to 56.6 in January from 54.3 in December. That surpassed economists’ expectations for a decline in the index to 54.0. Readings above 50 indicate expansion whereas readings below that level denote contraction.

Source: Wall Street Journal February 01, 2019 15:24 UTC