The Zhitong Finance App learned that the pace of expansion of the US manufacturing industry accelerated in October, and production activity recorded the strongest growth in the past five years, indicating that the US manufacturing industry continues to recover after a long period of downturn. However, despite strong corporate production and order performance, manufacturers are still concerned about inflationary pressure, tight supply of raw materials, and geopolitical uncertainty.

The Zhitong Finance App learned that the pace of expansion of the US manufacturing industry accelerated in October, and production activity recorded the strongest growth in the past five years, indicating that the US manufacturing industry continues to recover after a long period of downturn. However, despite strong corporate production and order performance, manufacturers are still concerned about inflationary pressure, tight supply of raw materials, and geopolitical uncertainty.