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U.S. manufacturing purchasing managers' index is a barometer to measure the U.S. manufacturing sector development. The index is usually 50 for the critical point, above 50 is considered to expanding manufacturing, while one below 50 indicates that manufacturing is shrinking.
the U world pie network information .S. Institute for Supply Management monthly manufacturing purchasing managers' index for the third consecutive month to maintain more than 60, showed that a quarter of U.S. manufacturing activity continued expansion of production sub-index growth, but businesses are also very worried about the International Bulk goods and raw material prices will affect corporate profit margins.
14 sectors of industry perspective, the 18 manufacturing industries in the month, 15 expansion, including clothing, computers and electronic products, food and beverage and tobacco products, transportation equipment, etc., more than last month expansion of the scale; The industry is in contraction, including primary metals, and wood products manufacturing industry; otherwise an industrial scale remains unchanged.
data show that the month manufacturing new orders index was 63.3, a decline of 4.7 percent; production index was 69.0 World Pipe network informed, the chain growth by 2.7 percentage points; price index was 85.0, growth of 3 1.0 percentage points; employment index was 63.0, a decline of 1.5 percent; stock index was 47.4, a decline of 1.4 percent.
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U.S. Institute for Supply Management data released on the 1st March U.S. manufacturing purchasing managers index was 61.2, a slight decrease of 0.2 percentage points more than in January, but still above the critical point of 50, indicating that the United States manufacturing activity has been 20 consecutive months of expansion.