The automotive sector was a leader as U.S. manufacturing output jumped 0.8% in February from January for a 2% gain from a year earlier. The broader industrial-production gauge was up 0.7% month-on-month, with improvement seen across every industry with the exception of primary metals. "Growth has clearly picked up. This is another positive sign" for the broader economy, said Jim O'Sullivan, chief U.S. economist at High Frequency Economics.
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