US manufacturing expands for first time

By Agence France-Presse

Apr 03, 2024 12:24 am

WASHINGTON, D.C.: US manufacturing expanded last month for the first time since September 2022, according to industry data published on Monday, with positive demand and strong output helping to snap 16 straight months of contraction.

The data underscores the enduring strength of the US economy despite elevated interest rates, which is good news for Joe Biden as he seeks to talk up his record ahead of the November presidential election.

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