Manufacturing Workers’ Confidence Rebounds in February
After falling significantly in January, confidence among manufacturing workers rose in February, as the sector’s Hudson Employment Index (SM) increased 4.4 points to 94.5. Higher expectations around hiring coupled with improved sentiments about personal finances drove the uptick. The latest reading is 2.5 points higher than last February’s reading of 92.0. The national Index, based on responses from approximately 9,000 workers across all sectors, climbed up 2.9 points to 107.1 in February.