U.S. manufacturers see best month in 2 1/2 years, but Iran war threatens to derail progress

U.S. manufacturing expanded in March at the fastest pace in two and a half years, signaling a rebound in factory activity. However, escalating conflict with Iran raises near‑term geopolitical risk and uncertainty just as the effects of Trump-era tariffs are fading, potentially tempering gains for industrials and supply chains.

Analysis

U.S. manufacturing expanded in March at the fastest pace in two and a half years, signaling a rebound in factory activity. However, escalating conflict with Iran raises near‑term geopolitical risk and uncertainty just as the effects of Trump-era tariffs are fading, potentially tempering gains for industrials and supply chains.