Embattled U.S. manufacturers show their mettle, grow for the fourth month in a row despite Iran war
U.S. manufacturers grew for fourth consecutive month in April, but recovery faces headwinds from rising oil prices and Iran war.
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u.s. manufacturers grew in april for the fourth straight month — the longest streak in four years. the sector is showing some resilience despite the iran war pushing up oil prices and inflation.
the recovery is still early-stage and fragile. rising energy costs and higher inflation are new headwinds that could slow things down. the four-month run is the best stretch since 2021.
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