Manufacturing Barely Expands Amid Coronavirus Concern
March 03, 2020
March 03, 2020
DEARBORN, Michigan, March 3 -- The Society of Manufacturing Engineers issued the following news release:
Manufacturing barely expanded in February as concern about the coronavirus grew, the Institute for Supply Management said in a monthly report.
The Tempe, Ariz.-based group's manufacturing index, known as the PMI, was 50.1 percent for the month. ISM said production increased but new orders and employment contracted. The February PMI was the second straight month showi . . .
Manufacturing barely expanded in February as concern about the coronavirus grew, the Institute for Supply Management said in a monthly report.
The Tempe, Ariz.-based group's manufacturing index, known as the PMI, was 50.1 percent for the month. ISM said production increased but new orders and employment contracted. The February PMI was the second straight month showi . . .