The U.S. manufacturing sector, which struggled for months owing to inflationary pressures and higher interest rates, is making a rebound. Production at U.S. factories increased in May although demand for goods remained soft. The Federal Reserve said that manufacturing output jumped a solid 0.9% in May from a downwardly revised 0.4% drop in April, making up for the declines in the past two months. May’s jump was triple the expectations of economists, who had forecast a rise of 0.3%. On a year-over-year basis ...