U.S. PMI 50.1%
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Topics: U.S. PMI
The February PMI registered 50.1 percent, down 0.8 percentage point from the January reading of 50.9 percent.
The New Orders Index registered 49.8 percent, a decrease of 2.2 percentage points from the January reading of 52 percent.
The Production Index registered 50.3 percent, down 4 percentage points compared to the January reading of 54.3 percent.
The Backlog of Orders Index registered 50.3 percent, an increase of 4.6 percentage points compared to the January reading of 45.7 percent.
The Employment Index registered 46.9 percent, an increase of 0.3 percentage point from the January reading of 46.6 percent.
The Supplier Deliveries Index registered 57.3 percent, up 4.4 percentage points from the January reading of 52.9 percent.
The Inventories Index registered 46.5 percent, 2.3 percentage points lower than the January reading of 48.8 percent.
The Prices Index registered 45.9 percent, down 7.4 percentage points as compared to the January reading of 53.3 percent.
The New Export Orders Index registered 51.2 percent, a decrease of 2.1 percentage points as compared to the January reading of 53.3 percent.
The Imports Index registered 42.6 percent, an 8.7-percentage point decrease from the January reading of 51.3 percent. ■