, Columnist
The Good and the Bad From the Factory Floor
Global manufacturing activity is picking up — and while that’s good news — it’s adding to price pressures and higher rates expectations. Meanwhile, emerging markets may be on the cusp of a revival thanks to China.
Factories fired up again.
Photographer: Luke Sharrett/BloombergThis article is for subscribers only.
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March, like every month, has started with a wave of surveys updating us on the health of the economy around the world, and this download could make you as mad as a March hare. It suggests that global manufacturing is picking up a bit (good news), but that is leaving higher price pressures (bad news).