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Daniel Lacalle, chief economist / investment manager at Tressis Gestion, reports that core U.S. factory orders surged in March, achieving the best yearly growth rate since November 2022.
This performance highlights a notable acceleration in U.S. manufacturing activity during March.
Lacalle has previously observed that global oil and refined product inventories remain at the low end of their five-year average. Earlier this year, he also noted that Israel's economy and financial markets showed resilience in the face of regional conflict. His recent updates continue to monitor momentum across key sectors and markets.