Manufacturing Maximizes

Manufacturing data in the U.S. continues to improve. The Chicago Purchasing Managers’ Index (PMI) jumped from 68.8 in Jan to 71.2 in Feb — best since July ‘88. Production, orders, inventories, backlogs all rose — the exception; employment. The New York PMI index also rose in Feb to 77.5 from 71.2, and the Milwaukee manufacturing index jumped 6 points to 63, highest level in 7 months. Go Manufacturing!