By EILEEN ALT POWELL, AP Business Writer 26 minutes ago NEW YORK - The U.S. industrial sector contracted for a second consecutive month in March, though at a slower pace than in February, as manufacturers grappled with weakening order books and rising prices for raw materials.The Institute for Supply Management said Tuesday that its manufacturing index registered 48.6 last month, compared with 48.3 in February. February's reading had been the weakest in five years.
Readings below 50 indicate contraction, while those above 50 show growth.
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