U.S. Manufacturing Showing Greater Resilience

ING Economic and Financial Analysis5.29K FollowersFollow5ShareSavePlay(4min)CommentsSummaryThe US ISM manufacturing index improved further in March, led by strong production levels.A decent order book suggests production will continue growing in coming months, but rising prices and reduced employment underscore the lingering challenges for the sector.Overall, the ISM report suggests that the US manufacturing sector started the year in a very healthy position, especially relative to international peers. Monty Rakusen/DigitalVision via Getty Images By James Knightley, Chief International Economist, US Manufacturing continues to make progress Recent US activity data has, in general, surprised to the upside so far this year and that has continued with today’s retail sales andThis article was written byING Economic and Financial Analysis5.29K FollowersFollowFrom Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals' comments.Content disclaimer: The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.This publication has been prepared by ING solely for information purposes without regard to any particular user's investment objectives, financial situation, or means. For our full disclaimer please click here.