Analyzing Q1 Earnings Beat or Miss for CAT & Four Industrial Stocks - Avery Dennison (NYSE:AVY), Ball (NYSE:BALL)

Per the Federal Reserve's report, industrial production rebounded 0.4% each in February and March 2024, following a 0.8% dip in January. However, the overall performance for the first quarter of 2024 showed a decline at an annual rate of 1.8%. In March 2024, the Institute for Supply Management's manufacturing index was 50.3% — the first expansion in 16 months.

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