Market Pulse Check

Manufacturing

Manufacturing Marks Biggest Jump Since ’14

Production at U.S. factories jumped this spring, amid an April report of the fastest growth rate in three years, according to the Associated Press.

The Federal Reserve Board in May said U.S. industrial production at factories, mines and utilities rose 1% in April, its biggest gain since February ’14.

Manufacturing rose in three out of the first four months of 2017, which stands out as a significant improvement over a downturn in late 2015 and early 2016 amid reduced energy production and a strong dollar ...

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