US: Markit Manufacturing PMI rises to 57.5 vs 56 expected

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US: Markit Manufacturing PMI rises to 57.5 vs 56 expected
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US: Markit Manufacturing PMI rises to 57.5 vs 56 expected By MSalordFX UnitedStates Manufacturing EconomicIndicator

Index hits highest level in two months.

“The pace of economic growth accelerated sharply in February as virus containment measures, tightened to fight the Omicron wave, were scaled back. Demand was reported to have revived and supply constraints, both in terms of component availability and staff shortages, moderated”, commented Chris Williamson, Chief Business Economist at IHS Markit. Information on these pages contains forward-looking statements that involve risks and uncertainties.

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