“Manufacturing Is Far From Booming” – PMI Drops Despite Surge In ISM New Orders

“Manufacturing Is Far From Booming” – PMI Drops Despite Surge In ISM New Orders

zerohedge.com / by Tyler Durden / Mar 1, 2017 10:07 AM

With real spending declining and core durables goods orders and shipments fading, it’s perhaps not a surprise that Markit PMI Manufacturing turned lower in Feb to 54.2 (missing expectations) with their chief economist warning “manufacturing is far from booming.” Of course, just as

March 01, 2017 at 04:00PM