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In other hopeful signs for manufacturing, the Labor Department reported Friday that manufacturied added 25,000 jobs in December, the most in nine months. And the Institute for Supply Management said Wednesday that its index of manufacturing activity rose in December compared from the November reading. Economists believe factories will be helped in 2013 by rising auto sales. Automakers announced results for December which left sales for the entire year 13 percent higher than in 2011. Economists are forecasting further gains in 2013 as Americans seek to trade-in their old cars, whose average age now tops a record 11 years. The economy grew at an annual rate of 3.1 percent in the July-September quarter, much better than the 1.3 percent pace in the April-June period. But economists expect growth slowed in the final three months of last year, partly because of the uncertainties surrounding the fiscal cliff
[Associated
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