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Manufacturing in the U.S. Reaches 37-year High

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With this news, it appears all signs point to a much needed economic boom in the near future. Last month the Institute for Supply Management index hit 64.7, the highest it’s been since December 1983.

March saw an uptick in new orders that sparked the increase in manufacturing activity. Economists are optimistic about this year’s outlook, especially as local economies continue to reopen. Hopefully this positive trend persists as the country recovers from the pandemic.

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