After a downward revised decline in March, manufacturing sales volumes rebounded by 0.5% m/m in April, indicating that the industrial sector began the second quarter on a firmer footing. Further increases in unfilled orders and inventories were also encouraging, supporting our view that a recovery in manufacturing is underway.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services