The headline Markit PMI fell from 52.4 in January to 51.0 in February, according to the 'flash' reading, an early cut of the data based on around 85% of expected monthly replies. The February reading matched the post-recession low seen in October 2012.
Monday, 22 February 2016
US flash manufacturing PMI drops to joint-lowest since 2009
US factories are reporting the worst business conditions for over three years, and one of the worst months since the global financial crisis.
The headline Markit PMI fell from 52.4 in January to 51.0 in February, according to the 'flash' reading, an early cut of the data based on around 85% of expected monthly replies. The February reading matched the post-recession low seen in October 2012.
The headline Markit PMI fell from 52.4 in January to 51.0 in February, according to the 'flash' reading, an early cut of the data based on around 85% of expected monthly replies. The February reading matched the post-recession low seen in October 2012.
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