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Philadelphia Manufacturing Surges, New York Strong on Optimism

  • New York factory gauge expands at fastest pace since 2017
  • Philadelphia conditions rise to best in almost 50 years
Inside A GlobalFoundries Semiconductor Manufacturing Facility
Photographer: Adam Glanzman/Bloomberg
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Growth at manufacturers in the Philadelphia region and New York state and rebounded in April, reflecting stronger orders and increased shipments as the economy continues its recovery from the Covid-19 pandemic.