- US manufacturing growth accelerated in March as robust demand and improving prospects countered the headwinds of soaring cost pressures and the Russia-Ukraine war.
- Inflows of new business also grew at the strongest rate for six months as customers looked to the further reopening of the economy amid signs that the disruptions from the pandemic continue to fade.
- While higher output was encouraged by the upturn in order book growth, it was also facilitated by fewer supply constraints.
For further details see:
U.S. Producers Report Strong End To First Quarter Despite Ukraine War Impact