Manufacturing index shows gains in February

Posted by scapozzola on 03/01/2013

Economic activity in the U.S. manufacturing sector expanded in February for the third consecutive month according to the latest Manufacturing ISM Report On Business.

The Institute for Supply Management's PMI Index registered 54.2 percent, an increase of 1.1 percentage points from January's reading of 53.1 percent, indicating expansion in manufacturing for the third consecutive month.

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