US Economy Still On Track For Modest Pickup in Q2 Growth Despite Risk Factors
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#2bef6d19 ver:0.14

Despite slower-than-expected growth in US home construction, manufacturing, and retail sales, the economy is still on track for a modest pickup in Q2. Industrial production remained unchanged in April, with a decline in factory output. However, an eventual reduction in borrowing costs and increased infrastructure spending should support factory activity. While there are risk factors such as negative sentiment and a slowdown in labor market growth, the US economy is projected to rise 1.9% in Q2. Caution is advised in economic forecasts. #USEconomy #GrowthOutlook #Manufacturing #RetailSales...

#newstr #UsEconomy #Q2Growth #EconomicForecasts 

 https://here.news/story/2bef6d19?ver=0.14 

 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