Founded in 2010

News & Entertainment for Mason City, Clear Lake & the Entire North Iowa Region

China’s PMI shows growth slowing

BEIJING, Feb. 25 (UPI) — China’s non-manufacturing sector expanded in February, but at a slower pace than the previous month, a key business index indicated.

A flash estimate of China’s Purchasing Managers’ Index, which shows expansion with numbers above 50, measured 50.4 in February, down from January’s reading of 52.3, Markit Economics reported Monday.

In its most recent peak, the index stood at 58 in March 2012.

Separate indexes for new orders, production output, number of employees and quantity of purchases all showed gains, but at a slower rate than January, Markit said.

Copyright 2013 United Press International, Inc. (UPI).

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Even more news:

Need help with your website?
Call your local professional,
Breakthrough Web Design:
515-897-1144
or go to
BreakthroughWebDesign.com

Copyright 2022 – Internet Marketing Pros. of Iowa, Inc.
0
Would love your thoughts, please comment.x
()
x