Markit published Friday final data on the USA Manufacturing PMI with the “strongest rise in manufacturing output for almost a year in February“, according to media sources.
The expansion of the US manufacturing sector continued in February being at 54.3 and a bit down from top high 55.8 in January. The preliminary estimate of 55.2 was improved as “overall operating conditions” are positive.
Output grew to 57.3 from 56.8 prior.
New Orders Index decreased to 55.4 in February from 57.4 in January showing expansion at a slower pace.
New Export Orders contracted to 48.5 in February from 51.5 prior.
Employment Index showed expansion at a slower rate of 53.5 from 55.6 before.