American factories saw growth in March. However, costs for materials surged to a nearly four-year peak. Supplier deliveries also slowed, indicating supply chain issues. This is linked to the Middle East conflict impacting shipping. Higher prices could affect inflation and interest rate decisions. Manufacturing employment has seen a decline.
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US manufacturing sector grows in March; supplier delivery performance deteriorates
American factories saw growth in March. However, costs for materials surged to a nearly four-year peak. Supplier deliveries also slowed, indicating supply chain issues. This is linked to the Middle East conflict…
