US factory activity expands in June, jobs decline

WASHINGTON (AP) — U.S. manufacturing activity grew in June behind a pickup in new orders and stronger production. The increase suggests factories could help the economy in the second half of the year.

The Institute for Supply Management says its index of factory activity increased to 50.9 in June, up from 49 in the previous month. May’s reading was the lowest in four years. A reading above 50 suggests growth, while those below indicate contraction.