Tag: Lucia Mutikani

U.S. factory activity picks up, more gains eyed as winter fades By Lucia Mutikani

    (Reuters) – U.S. factory activity accelerated for a second straight month in March and auto sales surged, the latest signs the economy was regaining footing after a brutal winter. Unusually cold and snowy weather chilled activity early in the year and signs of a thaw have raised hopes of a strong bounce back in economic growth in the second quarter. “Winter is over. The economy is looking more positive,” said Chris Rupkey, chief […]