U.S. economic growth accelerated in February
Private sector growth in the U.S. economy accelerated more than expected in February, according to a survey by London-based financial and economic data provider IHS Markit, whose preliminary data was released on Tuesday.
The manufacturing purchasing managers’ index (BMI) rose to 57.5 in February from 55.5 in January. Analysts had expected a 56-point improvement.
The service industry BMI also strengthened, jumping from 51.2 points in January to 56.7 points, exceeding the average of 53 points in the expert expectations.
Related news
Nestlé USA to Invest $150 Million to Expand Gaffney, South Carolina, Plant
Project will add a production line for the company’s single-serve…
Read more >
Nestlé unveils new global cuisine brands
Nestlé has launched two new international gastronomy brands in the…
Read more >
Wonder to acquire Grubhub for $650M
Just Eat Takeaway originally purchased Grubhub for $7 billion in…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >
Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >
Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >
