Factories Around the World Are Slowly Cranking Into Gear Again
Bloomberg reports that assembly lines around the world are starting to hum again, marking a turn in a years-long manufacturing slump.
The nascent industrial recovery is led by the world’s two biggest economies. Chinese manufacturing has made a strong start to the year, boosting the economic outlook, and US factory activity unexpectedly expanded last month for the first time since September 2022, buoyed by rising new orders and a jump in production. JPMorgan/S&P Global’s manufacturing index notched a second month above... ...
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