But the effects of retaliatory tariffs and rising dollar could impact growth.
Demand for heavy machinery, iron and steel, and commercial airplanes declines.
US dollar falls against major currencies, providing factories some relief.
Eleven of 18 industries report growth in Institute for Supply Management’ manufacturing index.
Factories report drag from falling oil prices.
Factories ramped up production, stepped up hiring and received orders at a healthy clip.
Demand for commercial aircraft plummeted and businesses spent less on computers and electrical equipment.
Production and new orders jump, but hiring declines.
Reshoring brings U.S. manufacturing home.