Fed indicators signal healthy manufacturing sector

Recently released Federal Reserve data signal that the US manufacturing sector remains resilient. Most manufacturing indicators strengthened through March and showed strong positive annual growth.

Industrial production and durable goods were at or near multi-year highs in March, while factory orders rose to a record high. Both new orders and inventories for iron and steel products remained steady yet healthy.

Brett Linton

Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

Brett Linton

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