New orders kept coming in at a faster rate of expansion in the world in February. The outlook for the manufacturing production in the coming months appears very good. "New orders rise at the quickest pace in almost seven years" according to the press release from Markit Economics on the JP Morgan Global Manufacturing PMI.
March 3 update : New business continued also to increase in the service sector. They increased significantly in the United States, the euro zone and India. Surveys realised in February with the purchasing managers show that the world economy should continue to expand in the coming months.
Details at : http://www.markiteconomics.com/
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