Tuesday, March 27, 2018

PURCHASING MANAGERS INDEX

Manufacturing expanded in February as the PMI® registered 60.8%, an increase of 1.7 percentage points from January reading of 59.1%, the highest level of expansion seen since May 2004. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally contracting.

Source: Institute for Supply Management - Manufacturing Report on Business - www.ism.ws

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