American manufacturers are looking forward to a big comeback once the election is over

US manufacturers had a strong start to the fourth quarter and are looking forward to the end of the presidential election, according to Markit Economics' preliminary report on the sector for October.

The flash purchasing manager's index (PMI) rose to 53.2, Markit said on Monday. The index is based on a survey of manufacturers, and the "flash" reading is based on 85% to 90% of all responses collected every month.

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