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US ISM Manufacturing Index Improved in February but Remained in 'Contractionary' Territory

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    February's improvement was concentrated in the production and employment sub-indices. The production component rose by 2.6 points to a six-month high of 52.8 while the employment index rose by a similar 2.6 points to 48.5 but only partially retraced declines in the previous two months to leave February's index level[​IMG]

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