The FX PostThe FX Post
    What's Hot

    FlatQube Trade Volume, Trade Pairs & Trust Score

    November 7, 2022

    Step Guide to Winning Forex Trading

    September 19, 2022

    Relationship Between Currency Risk and Foreign Bonds

    September 2, 2022
    The FX Post The FX Post
    • Best Fx Robots
    • Forex
      • News
      • Forex 101
      • Forex Forecasts
      • Broker Reviews
    • Crypto
      • News
      • Crypto 101
      • Crypto Forecasts
      • Crypto Reviews
    • Indices
      • News
      • Analysis
      • Commodities
      • Reviews
    • Automated Trading
      • Forex Signals
      • Forex Robots
      • Copy Trading
    • Top
      • Best Forex Robots
    The FX PostThe FX Post
    Home » US Manufacturing Sector Gained Momentum in February
    Indices News

    US Manufacturing Sector Gained Momentum in February

    March 1, 20221 Min Read
    Facebook Twitter Pinterest LinkedIn Reddit
    Serious man using large machine
    Share
    Facebook Twitter LinkedIn Pinterest Reddit

    Activity in U.S. factories rose in February on solid demand and improving supply-chain constraints.

    • The IHS Markit final U.S. manufacturing PMI jumped to 57.3 in February from 55.5 in January, slightly falling from its preliminary estimate of 57.5.
    • The reading signals that the U.S. manufacturing sector continued to grow. Any measure above 50 indicates growth, but at a faster rate compared with the prior month.
    • Chris Williamson, a chief business economist at IHS Markit, stated that the U.S. manufacturing sector recovered in February after the Omicron variant brought production to a halt in January.
    • U.S. manufacturers reported an upturn in production during the month and a sharp increase in new orders. Stronger new orders sales growth triggered firms to increase staffing and boost stocks of purchases.
    • Production remains hampered by raw material supply chain constraints and labor shortages but signaled that these problems will continue to ease.

    February’s survey did not account for any effect from the crisis in Ukraine as the data was gathered before the escalation of the Russian invasion.

    DXY up +0.46%, EUR USD down -0.67%

    Source: IHS Markit

    Markets are invaded by algorithms
    Secure your passive income with algo-based trading systems
    Learn more
    US Economy US manufacturing
    Share. Facebook Twitter Pinterest LinkedIn Reddit

    Related Posts

    European Central Bank

    Christine Lagarde Solidifies ECB’s Message on Combating Inflation

    June 28, 2022
    Salesforce-backed front

    Salesforce-Backed Front Valued at $1.7 Billion in Financing Round

    June 28, 2022
    G7 countries to hit Russia

    G7 Countries to Hit Russia With Brand-New Assents

    June 27, 2022
    China's clean power growth

    China’s Clean Power Growth Outlook for 2022 Maintains Getting Bigger

    June 24, 2022
    Add A Comment

    Leave A Reply Cancel Reply

      +  86  =  91

    Best FX Post
    Best Forex Robots (Expert Advisors) 2021

    Best Forex Robots (Expert Advisors) 2022: Passive Income From Algo Trading Systems

    July 7, 2021

    Top 10 Lending Platforms for Crypto Loans

    June 1, 2022
    forex eurusd trading charts

    Top 10 Best Forex Brokers In All Times

    June 1, 2022
    Recent Posts
    • FlatQube Trade Volume, Trade Pairs & Trust Score
    • Step Guide to Winning Forex Trading
    • Relationship Between Currency Risk and Foreign Bonds
    • Best Social & Copy Trading Platforms
    • Bitcoin Dips Listed Below $20,000 With Fundstrat Considering ‘Last Washout’
    Featured Reviews
    TechBerry

    TechBerry Review: Pros, Cons, Recommendations

    September 18, 2021
    CryptoHero

    CryptoHero Review: Pros, Cons, Recommendations

    June 3, 2022
    Bitsgap

    Bitsgap Review: Pros, Cons, Recommendations

    April 29, 2022
    Categories
    • Analysis
    • Automated Trading
    • Best FX Post
    • Broker Reviews
    • Commodities
    • Copy Trading
    • Crypto
    • Crypto 101
    • Crypto Bots
    • Crypto Forecasts
    • Crypto Reviews
    • Forex
    • Forex 101
    • Forex Forecasts
    • Forex Robots
    • Forex Signals
    • Guides
    • Indices
    • News
    • News
    • News
    • Reviews
    • Reviews
    • Uncategorized
    Twitter BlogLovin
    © 2023, Thefxpost.com.
    • Contact

    Type above and press Enter to search. Press Esc to cancel.