American manufacturing is roaring back
https://finance.yahoo.com/news/ameri...110228696.html
Quote:
The U.S. economic recovery continues to be led by manufacturing.
On Monday, IHS Markit and the Institute for Supply Management both released manufacturing activity data for February, with these reports showing the sector growing at the fastest pace in several years.
The ISM's manufacturing PMI registered a reading of 60.8, the highest reading in three years and the fastest since the pandemic recovery began. IHS Markit's reading came in at 58.6, the second-best reading for this index in the last 11 years; only January's reading was better. Readings over 50 for either index indicate expansion within the sector while readings below 50 indicate contraction.
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Wait, what!? Donny ASSURED us that we'd be going to hell in a handbasket if Biden was elected!