• U.S ISM manufacturing PMI much higher than expected in February

Market news

1 March 2018

U.S ISM manufacturing PMI much higher than expected in February

The report was issued today by Timothy R. Fiore, Chair of the Institute for Supply Management Manufacturing:

"The February PMI registered 60.8 percent, an increase of 1.7 percentage points from the January reading of 59.1 percent. The New Orders Index registered 64.2 percent, a decrease of 1.2 percentage points from the January reading of 65.4 percent. The Production Index registered 62 percent, a 2.5 percentage point decrease compared to the January reading of 64.5 percent. The Employment Index registered 59.7 percent, an increase of 5.5 percentage points from the January reading of 54.2 percent".

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