Automotive

Manufacturing Rebound In March

Manufacturing has been like roll-starting a car uphill. Maybe the engine has finally turned over?
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Manufacturing Rebound In March

Data for March shows US manufacturing gaining momentum for a third straight month. Industrial production in March jumped 0.9% over February and 5.5% year over year. 

Automotive is "driving" the growth. After a 4.8% Drop in February, automotive part production shot up 7.8% in March. Total vehicle production rose to nearly 9.5M, the highest since January 2021.

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