Monday, February 23, 2015

How Energy Prices Are Affecting U.S. Manufacturing (UUP) - Seeking Alpha (registration)

#Energy








How Energy Prices Are Affecting U.S. Manufacturing (UUP)

Seeking Alpha (registration)

As energy prices declined, demand for oil and infrastructure projects slowed, adversely affecting manufacturing activity. In February, manufacturing PMI came in at 54.3, up from a reading of 53.9 the month before. A reading above 50 signals expansion.





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