ECONOMICS COMMENTARY
Feb 21, 2013
Sharpest rise in U.S. manufacturing output in almost two years
The Markit Flash U.S. Manufacturing PMI signalled further expansion of the manufacturing sector in February, although the rate of growth slowed slightly on January's nine-month peak. At 55.2, down from 55.8, the 'flash' PMI reading, which is based on around 85% of usual monthly replies, continued to suggest a strong improvement in overall manufacturing business conditions.
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