U.S. Manufacturing Hits Four-Year High as Cost Pressures Surge
Expansion spreads globally, but inflationary pressure and geopolitical risk keep the recovery uneven. U.S. manufacturing activity expanded at its fastest pace in nearly four years in March, with the ISM Manufacturing PMI rising to 52.7 percent. That figure represented the highest reading since August 2022 and a modest increase from February’s 52.4 percent. Gains were […]
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