05/03/2024

Signs of Manufacturing Recovery Emerge

The U.S. manufacturing sector could be on the mend after struggling for the past year with a strong dollar, weak global demand and plunging commodity prices. New orders for durable goods—manufactured products designed to last at least three years—rose in January following their worst annual performance since the recession. That improvement, alongside a pickup in a key gauge of business investment, could signal the sector may be…

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