United States: composite PMI on the rise!


The US economy is recovering, according to data from PMI indicators released today…






Photo credit © PivèsPictures


(Boursier.com) — The US economy is recovering, according to data from PMI indicators released today. Thus, the preliminary US composite PMI for February reached a level of 50.2, above 50 and therefore in expansion territory, whereas it was expected at 47.6 according to FactSet. The manufacturing index stands at 47.8 against 47.2 consensus. The services indicator came in at 50.5 versus the FactSet consensus of 47.


©2023 Boursier.com






Source link -87