Justin Ho

So there are some limits to what central banks may even be able to do with their existing tools.

There's also a lot of other tools that not just central banks can think about.

For instance, policymakers can think about what are ways to protect society more from climate change.

And then there's adaptation.

We know people are able to adjust to climate change and find ways to protect crops from the most extreme weather, let's say.

but we don't know the total extent of how much adaptation is possible.

We don't know, you know, can we protect ourselves from all of the climate inflation by making all, you know, taking all possible steps available to us.

We just don't know.

That's Tim Quinlan, senior economist at Wells Fargo.

Quinlan says electronics isn't the only source of strength in manufacturing.

There were a number of other categories from machinery to fabricated metals and wood products that all saw modest increases in this morning's report.

That could be because manufacturers are catching up after the president's tariffs unleashed all of that uncertainty last year, says Scott Paul, president of the Alliance for American Manufacturing.

Paul says after the Supreme Court struck down some of the president's tariffs, businesses have at least a slightly clearer picture of where tariff policy is headed.

Which means if the war were to end, demand for manufactured goods would rise even faster.

I'm Justin Ho for Marketplace.

Ann Robinson hasn't gotten any tariff money back since applying two weeks ago.

The refund will probably take a couple months.

Checking her claim has become part of her routine as the owner of Scottish Gourmet USA, a specialty grocery in Greensboro, North Carolina.

While she waits, she's been thinking about what she's going to do with the $30-something thousand dollar refund.

Some of it might go to her employees, who haven't gotten raises in over a year.