Americans Are Making Stuff, Which Is Nice
Generally speaking, Wednesday was a good day for economic data in the US, which leaves one to again ponder if good news could be bad news soon, whether due to decreased stimulus urgency or higher yields on signs of robust activity.
In addition to January's blockbuster retail sales numbers, factory production logged a fourth straight monthly gain, underscoring the extent to which US manufacturing is holding up better than the beleaguered services sector as the country drives towards the light at
We better develop some strategic manufacturing.