US Manufacturing Output Unchanged in June, but Accelerates in Second Quarter The latest numbers from the Federal Reserve show that US manufacturing output remained unchanged in June. However, annualized growth of 4.
7% in the second quarter suggests a more positive trend. A closer look at these figures reveals that this increase is largely due to significant investments in artificial intelligence and inventory management.
Businesses are pouring resources into AI powered production lines, which has contributed significantly to manufacturing's current buoyancy. However, there are concerns that this model may not be sustainable.