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US industrial output retakes ground in April – Federal Reserve

The U.S. industrial sector experienced a notable recovery in April, with overall industrial production climbing 0.7%. This positive turnaround follows a 0.3% decrease recorded the previous month, according to the latest data from the U.S. Federal Reserve.
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.