End Of US Manufacturing Recession Comes With Inflation Warning

Rejoice: The US manufacturing recession's over. America's marquee gauge of factory activity moved into expansion territory for the first time since late 2022, the first of this week's top-tier data from the world's largest economy showed. At 50.3, the ISM headline was easily ahead of estimates. Economists expected 48.3, which would've counted as a 17th consecutive contraction. "Demand was positive, output strengthened and inputs remained accommodative," Tim Fiore said. The final update on

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One thought on “End Of US Manufacturing Recession Comes With Inflation Warning

  1. Fortunately, the kinds of stocks most likely to benefit from positive inflection in manufacturing are probably less sensitive to higher interest rates – they are shorter duration assets so to speak.

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