CHINA-INDUSTRY/

Manufacturing Sector Slows in February

Politics Reuters

The pace of growth in the U.S. manufacturing sector unexpectedly slowed in February, according to an industry report released on Thursday.

Continue Reading Below

The Institute for Supply Management said its index of national factory activity fell to 52.4 from 54.1 the month before. The reading was shy of expectations of 54.5, according to a Reuters poll of economists.

The unexpected slowing broke three straight months of quickening growth in the sector.

A reading below 50 indicates contraction in the manufacturing sector, while a number above 50 means expansion.

More On This...

What do you think?

Click the button below to comment on this article.