Tuesday, February 17, 2026 at 1:46 PM
Factory activity in New York State continued to grow this month, albeit at a slightly slower pace than in January, with firms remaining optimistic as capital spending plans reached a multiyear high.
Manufacturing activity in the Philadelphia region climbed again in February, with future expectations for growth jumping, a monthly survey said.
Private-sector activity in the U.S. slowed in February as tariffs drove costs higher for firms, while Europe expanded at a stronger pace than anticipated due to a rebound in industry.
U.S. industrial output charged ahead in January, according to data published by the Federal Reserve.
January’s job gains surged past expectations and marked a strong start to the year following a weak year of job growth.
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