The comeback of a rate-sensitive America
Key sectors of the economy that spent years squeezed by high interest rates are gaining momentum. Why it matters: For years, manufacturing and construction were among the clearest signs that the Federal Reserve's tightening campaign — reversed only somewhat at the end of last year — was weighing on the economy. Now, manufacturing and construction are early sources of job growth, helped by an AI…
We haven't written up this one. Axios has the full story — the link below goes straight to it.
