Partly reflecting a spike in the output of motor vehicles and parts, the Federal Reserve released a report on Friday showing U.S. industrial production increased by much more than expected in the month of March.
After reporting an unexpected contraction in New York manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Friday showing a substantial rebound in activity in the month of April.
Coronavirus - Australia to remain closed for four to five years
This via an opinion piece in the Nikkei.
The basis of the opinion is that
Australia has been 'closed' since about the end of March last year ... so three and a half years or so to go!
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