Manufacturing Is Back On The Rise: PMI

Manufacturing Is Back On The Rise: PMI

The S&P Global U.S. Manufacturing Purchasing Managers' Index (PMI) rose to 52.2 in February, marking its strongest improvement since July 2022. This comes after months of lackluster economic performance in the sector. An index reading above 50 indicates expansion, suggesting that the manufacturing industry may be on the upswing.


Courtesy: SupplyChainDive