Kudlow: Biden's attempt to transform the economy 'isn't worth it'

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Associated Press

US manufacturing activity grows for the 12th straight month

Growth in U.S. manufacturing picked up in May, even as supply chain problems persist and businesses continue to struggle to find workers. The Institute for Supply Management, a trade group of purchasing managers, said Tuesday that its index of manufacturing activity rose in May to a reading of 61.2 in May from 60.7 in April. Any reading above 50 indicates manufacturing is expanding.