Reported 3 days ago
U.S. manufacturing production showed modest growth of 0.3% in March, following a revised increase of 1.0% in February. This slowdown is attributed to President Trump's global tariffs, which are hindering recovery in the sector. Despite a year-on-year production increase of 1.0%, the uncertainty caused by tariffs has led to a bleak outlook, with various industries experiencing mixed results in output.
Source: YAHOO