US factory activity jumps over 13-1/2-year high on latest sign of recovery

In what could be viewed as a vivid demonstration of a US economy that apparently was regaining its footings much earlier-than-anticipated, an IHS Markit survey report on US manufacturing activity revealed earlier on Friday that US factory activities had raced to more than thirteen-and-a-half-year high in early January, boosted up by an intransigent spike in orders for US-borne core capital goods, nonetheless, a pandemic outbreak at large happened to be gumming up the supply chains...
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