New data ISM Manufacturing PMI (Feb)
3/3/2025
actual 50.3, previous 50.9
The ISM Manufacturing PMI (Purchasing Managers' Index) for February in the United States was released with a value of 50.3. This economic indicator measures the level of business activity in the manufacturing sector.- Impact: High
- Country: US
- Currency: USD
- Previous value: 50.9
- Estimated value: 50.5
- Actual value: 50.3
- Change from previous: -0.6
- Change percentage: -1.179%
The actual value of 50.3 was slightly lower than both the previous value of 50.9 and the estimated value of 50.5, indicating a slight decrease in manufacturing activity compared to the previous month. This event is considered to have a high impact on the financial markets as it provides insights into the health of the manufacturing sector, which is a key component of the overall economy.
This is not investment advice. Remember to verify the information provided here.
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