ECONOMICS COMMENTARY
Mar 03, 2014
Sharpest improvement in US manufacturing business conditions since May 2010
At 57.1 in February, up from 53.7 in January, the final seasonally adjusted U.S. Manufacturing Purchasing Managers' Index" (PMI") signalled the strongest improvement in business conditions for 45 months. The headline index was much higher than the three-month low posted in January, and indicated a robust overall manufacturing sector performance.
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