US Manufacturing Output Remains Stagnant in April
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#2bef6d19 ver:0.12
US manufacturing output stagnated in April, with a 0.3% decline in factory output. Rising input prices, inconsistent demand, and challenges in export markets are hindering the sector's growth. Motor-vehicle production fell by 2%, and capacity utilization dropped to 76.9%. The Federal Reserve is not expected to reduce interest rates, but an eventual reduction in borrowing costs and increased infrastructure spending could support factory activity over time. #manufacturing #economy #output...
#newstr #UsManufacturing #FactoryOutput #FederalReserve
https://here.news/story/2bef6d19?ver=0.12