The report’s key metric, the PMI, fell 2.4% to 54.2 (a reading of 50 or higher indicates growth). This comes on the heels of a 2.3% increase to 56.6 in January.
Source: logistics Mgmt
February manufacturing output down but fundamentals remain strong, says ISM
More from News,More posts in News, »
- Ongoing demand weakness again impacts FedEx earnings
- Commerce, NRF data shows mixed sequential readings and annual gains
- National diesel average is down, for week of March 13, reports EIA
- Korn Ferry survey highlights impact of Covid on supply chain staff culture
- Truckers waiting out slow first half of year in hopes of solid demand later
Be First to Comment