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
2024 Holiday Trends: Food Takes Center Stage as Consumers Plan Celebrations
From Halloween candy hoarding to hosting family gatherings, food is…
Read more >
Wine sales slump as long-term decline continues
Producers in the category — which is facing a long-term decline as…
Read more >
Keurig Dr Pepper to buy energy-drinks business Ghost
The 7Up maker will initially purchase a 60% shareholding in…
Read more >Related news
Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of…
Read more >
Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >
KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent…
Read more >
