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Home USA News US economic activity grows slightly more strongly in February - Wel.nl

US economic activity grows slightly more strongly in February – Wel.nl


NEW YORK (ANP) – Economic activity in the United States is growing slightly more strongly this month compared to last month. This is mainly due to the American services sector, for example catering and retail, helped by the partial relaxation of lockdown measures.

Markit’s gauge, which measures activity in the manufacturing and services sectors, has risen slightly this month to a level of 58.8, which is the highest level in six years and thus indicates stronger growth in the US economy. Article link https://www.news1.news/news/2021/02/us-economic-activity-grows-slightly-more-strongly-in-february-wel-nl.html

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The world’s largest economy has shown a clear recovery from the corona crisis since the summer of last year.

In the American industry, growth was less strong this month. This was partly due to production disruptions in, for example, the car industry due to shortages of chips and the extreme winter weather in the US, which seriously disrupted factories and oil production.




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Source link
https://www.welingelichtekringen.nl/anp/economische-activiteit-vs-groeit-iets-sterker-in-februari


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