Manufacturing PMI Rises but Stays in Contractionary Territory, US Dollar Pares Drop
ISM MANUFACTURING KEY POINTS: Manufacturing PMI rebounds modestly in February, rising to 47.7 versus 48.00 expected Despite the directional improvement, the goods producing sector of the economy remains in contractionary territory The U.S. dollar trims losses after survey’s results point to a sharp increase in the prices paid indicator Recommended by Diego Colman Get Your …
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