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21st Apr 2023 14:48U.S., Weekly Monitor

  • China’s PMIs point to a hefty rebound in U.S. manufacturing, but progress so far is mixed…
  • …When it happens, remember that manufacturing accounts for only 11% of GDP.
  • Manufacturing can rebound even as the rest of the economy slips into recession.

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Keywords for: 24 Apr 2023 US Monitor

economy, manufacturing, pmis, u.s., us, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence