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The Economic Times

Economy / The Economic Times

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US manufacturing activity rises to four-year high in May, S&P Global survey shows

American factories saw a significant boost in May, reaching their highest activity level in four years. Businesses are stocking up on goods to prepare for potential shortages and increasing prices. This surge in manufacturing comes as global supply chains face disruptions. While manufacturing is growing, the services sector shows a slowdown.

21 May 2026 7:40 pm