A Resilient Rebound: U.S. Industrial Sector Surges in May 2024

In May 2024, the U.S. industrial sector experienced a significant uptick, with production climbing by 0.9%, as reported by the Federal Reserve. This robust performance eclipsed the modest 0.4% rise anticipated by analysts, showcasing the sector’s resilience. Manufacturing, recovering from previous slumps, mirrored this growth with its own 0.9% boost. This rebound is not isolated […]