The ISM Manufacturing PMI fell -0.6 pts to 50.3 in Feb, below expectations of a 50.5 reading, as growth was subdued by tariff uncertainty.
The Prices index jumped 7.5 pts to 62.4, the highest since Jun 2022, as manufacturers see a rapid rise in costs from trade uncertainty.
#manufacturing #prices
The Prices index jumped 7.5 pts to 62.4, the highest since Jun 2022, as manufacturers see a rapid rise in costs from trade uncertainty.
#manufacturing #prices
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