US Factory Activity At 5-Month High


The Markit flash U.S. manufacturing PMI rose to 55.3 in March from 55.1 reported in February. It is the highest reading since October, when the final PMI was 55.9.

The output subindex rose to 58.2 in March from 57.3 in February. The new orders gauge also rose in March to its highest since October, coming in at 56.4 compared with 55.8 in February.

 "Manufacturing regained further momentum from the slowdown seen at the turn of the year, with output, new orders and employment growth all accelerating in March," said Chris Williamson, Markit's chief economist.

US Factory Activity At 5-Month High


Markit Economics | anna@tradingeconomics.com
3/24/2015 1:51:58 PM