Factory output bounces back in July

Sep 10, 2024

Economic activity in the manufacturing sector increased, starting the third quarter on a positive note

​Economic activity in the manufacturing sector increased, starting the third quarter on a positive note   

Economic activity in the manufacturing sector was off to a good start at the beginning of the third quarter with output for July improving above expectations.

Economists broadly expected the July data to show a production rebound after falling by a disappointing 5.5% (revised from -5.2%) in June…

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