March US economic activity is near a six-year peak
Thanks to unprecedented growth in new orders has not experienced for several years, but constrained by supply chain disruptions, U.S. economic activity performance fell slightly in March from a six-month high in the previous month – according to preliminary purchasing manager indices (PMI) of the IHS Markit Institute for Economic Research in London.
Manufacturing PMI rose less than expected to 59.0 points in March from 58.3 points in February.
The PMI in the service industry reached a six-and-a-half-year high with an expected 60.0 points after 58.8 points in February. (MTI)
Related news
Hungarian-American agricultural diplomacy is experiencing a golden age
Hungarian-American bilateral relations are growing stronger, whether it is politics,…
Read more >Serious negotiations are underway to end the tariff war
Only with sincere intentions can we negotiate – this is…
Read more >The EU is looking for new markets for the food industry
The loss of the American market poses a serious challenge…
Read more >
More related news >
Related news
Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be…
Read more >Healthy meat products rich in fiber and protein have been developed in Debrecen
A new product line consisting of health-promoting, fiber- and protein-rich…
Read more >German retail sales fell month-on-month in April
In Germany, retail sales fell by 1.1 percent in real…
Read more >