January PMI Hits Record High Amid Strong Client Demand
IHS Markit News Release (02/01/21) January data indicated a robust improvement in the health of the U.S. manufacturing sector, according to IHS Markit. Alongside a severe deterioration in vendor performance, the headline figure was pushed up to a record high by accelerated expansions in output and new orders. Meanwhile, cost pressures intensified amid raw material shortages. Firms were able to partially pass on higher costs,
February 3, 2021