<div>U.S. Factory Activity & Tech Contract in February</div>

U.S. Factory Activity & Tech Contract in February

<div>U.S. Factory Activity & Tech Contract in February</div>

Although U.S. manufacturing activity remained in contraction territory for the fourth straight month there were signs of improvement in February including an uptick in demand. The Institute for Supply Management’s PMI in February increased by 0.3 percent to 47.7 from the weakest point since May 2020. Any number below 50 indicates contraction. The U.S. electronics…

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