The Institute for Supply Management said on Monday its index of national factory activity rebounded to a reading of 60.8 last month from 58.7 in January. That was the highest level since February 2018.
The survey added to solid January data on consumer spending, building permits, factory production and home sales in suggesting that the economy got off to a strong start in the first quarter, thanks to nearly $900 billion in additional COVID-19 relief money from the government and a drop in new coronavirus infections and hospitalizations.
U.S. Treasury yields have risen, with investors betting that extremely accommodative monetary and fiscal policy will boost inflation. Federal Reserve Chair Jerome Powell has played down these fears, citing three decades of lower and stable prices.
Ok, so when do we talk about the stagnant wages in this sector?
What nonsense are you talking about three year high, with Chinese style low quality aircraft’s engine blowing to bit every time, and Boeing you can’t even trust them anymore, come on be honest for once in you people’s lying 🤥 life
good luck
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