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AKAnomics Nowcasting: Manufacturing Growth Indexes

Ajit Agrawal - 2/6/2024

Do you wonder how US industrial activities are faring versus the rest of the world?

Based on thousands of economic data points across the world, we find that Y/Y organic growth for the US industrial companies on average remains negative. However, it is less negative than a quarter ago, and industrial activity growth has improved across all regions over the last quarter. Asia shows the largest improvement, followed by North America, while Europe improvement has been the lowest. Companies with greater exposure to Asia should show better revenue results.

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