US manufacturing output ekes out gains in Feb due to high interest rate

The Institute for Supply Management's measure of national manufacturing activity has contracted for four straight months

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3 min read Last Updated : Mar 17 2023 | 8:12 PM IST

Production at U.S. factories edged up in February and output in the prior month was stronger than previously thought, but manufacturing continues to struggle under the weight of higher interest rates.

Topics : US | manufacturing | interest rate

First Published: Mar 17 2023 | 8:12 PM IST

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US manufacturing output ekes out gains in Feb due to high interest rate

The Institute for Supply Management's measure of national manufacturing activity has contracted for four straight months

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