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.
US dollar slumps after shocking drop in consumer sentiment
Sentiment at the lowest since 2011
Are consumers really feeling worse than April 2020?
That's almost impossible for me to believe. I get that delta is causing some worry but how could the sequel be worse than the original?
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