The commercial and institutional components saw lower levels of construction intentions during the month.
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Orders were up 27 percent compared to last year.
The latest innovation doesn't mean much if your customers don't want it.
Spending in private sector rises while public spending falls below January levels.
U.S. construction industry employed 273,000 more workers in February compared to year-ago period.
PMI was down 1.5 percent compared to February.
Raw materials price index decreased 0.3 percent during the month.
Researcher predicts full manufacturing recovery by April 2019; forecasts U.S. manufacturing growth of 2.8 percent between 2018 and 2021.
In the fourth quarter, real GDP grew at an annual rate of 2.9 percent.
The Index now stands at 127.7.
Manufacturing activity picked up, employment grew and prices continued upward climb.
Indexs three-month moving average increased to +0.37, compared to +0.16 in the previous month.
A remarkable tipping point took place in 2017distributor e-commerce as a percentage of revenues shifted significantly, based on the seventh annual MDM distribution e-commerce survey conducted with Real Results Marketing.
This article includes:
- Key Trends
- B2B e-commerce forecast
- E-commerce priorities
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Industrial Production Up in February, following January decline.
"Your Amazon Business Playbook," a free report from MDM, is available to download.
Those that don't adapt are doomed to wither away.
Strong job growth to continue.
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