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Jump in Factory Growth Lifts Hopes for US Economy

avatar By Jeanne Goddard

03 Mar 2013 9 views
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Jump in Factory Growth Lifts Hopes for US Economy
Manufacturing grew in February at the fastest pace in 20 months. Busier factories and growing optimism among consumers could help the U.S. economy withstand the drag from government spending cuts and tax increases this year.

Manufacturing grew in February at the fastest pace in 20 months. Busier factories and growing optimism among consumers could help the U.S. economy withstand the drag from government spending cuts and tax increases this year.

The two reports follow other data that show strength in job growth and the housing market.

(READ the AP story via the Washington Post)

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