US Factory Output Surges but Demand Signals Caution

US manufacturers reported a solid jump in factory output in January, with the S&P Global US Manufacturing PMI rising to 52.4 and pointing to quarterly output growth near 1 percent. However, new orders are growing far more slowly, as customers push back against higher prices linked to tariffs, raising the risk that production and employment could soften if demand does not improve in the coming months.

https://www.spglobal.com/marketintelligence/en/mi/research-analysis/us-manufacturers-report-surge-in-factory-output-despite-subdued-demand-Feb26.html