manufacturing, AI, factory, production

U.S. Production Rebounds; Lead-Time Concerns Linger

After a significant cool down last month, the U.S. manufacturing industry bounced back in November with growth in new orders, production and employment. Overall, U.S. production has been expanding for 27 consecutive months, although manufacturers tapped the brakes in October. The nation’s leading production index, the Institute for Supply Management’s PMI, increased 1.6 percentage points…