Economy
March 2, 2021
Global Manufacturing Accelerates in February
Written by Sandy Williams
Good news on the global manufacturing front—the J.P. Morgan Global Manufacturing PMI hit a three-year high of 53.6 in February, indicating a faster rate of growth despite supply-chain disruptions and inflationary pressures.
Manufacturing expansion was evident in 23 of 29 of the nations surveyed, with the fastest improvement in Germany. Only Greece, Kazakhstan, Malaysia, Thailand, Mexico and Myanmar declined last month, said J.P. Morgan and IHS Markit.
