Continued Expansion Of U.S. Manufacturing Sector Faces Headwinds
The U.S. economy has been leaning largely on manufacturing as it crawls away from the recession. U.S. production activity in Feb. expanded for the 19th consecutive month at probably the most brisk pace in seven years. Continued manufacturing growth is in the forecast because orders are outstripping inventories, however the sector must overcome looming inflationary pressures. Looking at February through ISM As factories increase production to meet increasing demand, United States production in February increased at the highest rate since … Continue reading →