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flag US manufacturing growth slows in February as tariffs drive up costs, ISM index shows.

flag US manufacturing activity stabilized in February, with the ISM manufacturing index at 50.3, indicating growth but marking a slowdown from January. flag Tariffs are causing significant price pressures, with the cost index reaching a three-year high at 62.4. flag New orders and employment declined, and production growth slowed. flag Meanwhile, Canada and Mexico also experienced manufacturing contractions due to tariff uncertainties, affecting output and new orders.

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