US manufacturing activity expanded in March by the most since 2022, indicating a meaningful pickup in factory-sector momentum. At the same time input prices continued to surge amid the war with Iran, heightening cost pressures and spot/commodity volatility that could compress margins for manufacturers and lift energy and raw-materials prices.
US manufacturing activity expanded in March by the most since 2022, indicating a meaningful pickup in factory-sector momentum. At the same time input prices continued to surge amid the war with Iran, heightening cost pressures and spot/commodity volatility that could compress margins for manufacturers and lift energy and raw-materials prices.
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