Tentative Signs of Recovery in US Manufacturing and Steady Consumer Confidence
Tentative Signs of Recovery in US Manufacturing
Orders for long-lasting U.S. manufactured goods increased more than expected in February, indicating a potential upturn in the sector.
Steady Consumer Confidence
Business spending on equipment also showed signs of improvement, reflecting a positive outlook in the economy's growth prospects for the first quarter.
Concerns loom large over the forthcoming presidential election, with a focus on the rematch between incumbent Joe Biden and Republican challenger Donald Trump. A recent survey by the Conference Board highlights a growing unease among Americans about the political environment.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.