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Commentary Topic from greenfaucet

Inflation Scorecard: Cool as the Other Side of the Pillow

Real-time Monetary Inflation (last 12 months): 4.2% Further signs of a turnaround in the U.S. economy followed on the heels of last week's improvement in third-quarter gross domestic product. The closely followed Institute for Supply Management's Purchasing Managers Index jumped more than 3 percentage points in October, indicating a continuing rebound in the U.S. manufacturing sector. Additional ISM data showed the overall domestic economy grew for the sixth consecutive month in October.