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US PMI Jumps To Its Highest Level Since May 2010

Business Insider - 3 Mar 2014 16:02
US PMI Jumps To Its Highest Level Since May 2010 Markit's U.S. purchasing managers' index came in at 57.1 in February, which was a bit higher than the 56.7 expected by economists. This is up from 53.7 in January. Any reading above 50 signals growth. Here are the key points from Markit: Robust upturn in manufacturing sector performance Faster output and new order growth Job creation hits 11-month high “The final PMI reading came in even higher that the already-strong flash estimate and signalled one of the largest monthly improvements in manu...
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