From S&P Global’s April U.S. Manufacturing PMI: “US manufacturing output has regained some encouraging momentum at the start of the second quarter, having stabilised in March after four months of decline. While the upturn is in part linked to greatly improved supply chains, helping reduce backlogs of orders, April also saw a welcome upturn in new order inflows for the first time since last September.“ pmi.spglobal.com/Public/Home/PressRelea…