US manufacturing expands for first time

WASHINGTON, D.C.: US manufacturing expanded last month for the first time since September 2022, according to industry data published on Monday, with positive demand and strong output helping to snap 16 straight months of contraction. The data underscores the enduring strength of the US economy despite elevated interest rates, which is good news for Joe […]

US manufacturing expands for first time

US manufacturing expands for first time thumbnail

Scroll Up

WASHINGTON, D.C.: US manufacturing expanded last month for the first time since September 2022, according to industry data published on Monday, with positive demand and strong output helping to snap 16 straight months of contraction.

The data underscores the enduring strength of the US economy despite elevated interest rates, which is good news for Joe Biden as he seeks to talk up his record ahead of the November presidential election.

Register to read this story and more for free.

Signing up for an account helps us improve your browsing experience.

Continue

OR

See our subscription options.

Already have an account? Log in here

This website uses cookies. By continuing to browse the website, you are agreeing to our use of cookies. Read More.