Strong Dollar Stands in Manufacturing Sector’s Way

American manufacturing is red hot.

At first glance, that would seem like an exaggeration. The Industrial Production Index, due out Monday, is seen having risen 0.2% in February from the previous month, according to economists surveyed by The Wall Street Journal. That would be the same pace as in January and represent 4.8% growth from a year earlier. That is solid, though within the range of 2.3% to 6% seen in the past 12 months.

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