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US PMI composite rose to 50.2, welcome steadying of business activity

Started by PocketOption, Feb 22, 2023, 04:20 am

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PocketOption

US PMI composite rose to 50.2, welcome steadying of business activity

US PMI Manufacturing rose from 46.9 to 47.8 in February. PMI Services rose from 46.8 to 50.5, an 8-month high. PMI Composite rose from 46.8 to 50.2, also an 8-month high. Chris Williamson, Chief Business Economist at S&P Global Market Intelligence said: “February is seeing a welcome steadying of business activity after seven months of […]


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