Industrial Production Boosts Manufacturing Activity: 5 Picks [Yahoo! Finance]
AZZ Inc. (AZZ)
Last azz inc. earnings: 4/29 06:30 am
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Source: Yahoo! Finance
The rebound follows months of struggle for the manufacturing sector that saw demand slowing as higher borrowing rates weighed on the economy. The Federal Reserve reported on Apr 16 that industrial production rose 0.4% in March, in line with the consensus estimate and the same as in February. Manufacturing output increased 0.5% in March. February's numbers were revised 1.2% upward from the initially reported 0.8% increase. Year over year, production at U.S. factories jumped 0.8% in March. The jump in March can be attributed to a solid rise in the output of motor vehicles and parts which increased 3.1% after rising 3.4% in February. Factory output for durable goods increased 0.3%. Production of non-durable goods jumped 0.7% Manufacturing accounts for 10.4% of the economy. Manufacturing activity is finally showing signs of a turnaround. The Federal Reserve adopted a strict monetary tightening campaign to combat 40-year-high inflation that saw it hiking interest rates by a whopping
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News
- AZZ Inc. Announces Closing of its Public Offering of Common Stock and Full Exercise of Underwriters' Option [Yahoo! Finance]Yahoo! Finance
- AZZ Inc. Announces Closing of its Public Offering of Common Stock and Full Exercise of Underwriters' OptionPR Newswire
- Brokers Suggest Investing in AZZ (AZZ): Read This Before Placing a Bet [Yahoo! Finance]Yahoo! Finance
- Is Trending Stock AZZ Inc. (AZZ) a Buy Now? [Yahoo! Finance]Yahoo! Finance
- AZZ Inc. Announces Pricing of its Public Offering of Common StockPR Newswire
AZZ
Earnings
- 4/22/24 - Beat
AZZ
Sec Filings
- 5/1/24 - Form 4
- 5/1/24 - Form 4
- 5/1/24 - Form 4
- AZZ's page on the SEC website