The U.S. Census Bureau announced the seasonally adjusted quarterly after-tax profits for manufacturing industries statistics for the first quarter of 2022, and wholesale trade has seen a rise from 4Q 2021 to the first quarter of 2022. 

ISM: 2023 Industrial Economy to Grow Despite Inflation, Uncertainty

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The Institute for Supply Management’s Spring Economic Forecast predicts revenue to increase and manufacturing to expand at slower pace.

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