PMI study shows factories affected by ‘first operational shock’ of new customs policy

A new expansion in US presentation has subsided as the threat of new tariffs has led to rising prices showed a closely monitored study.

The index for purchasing managers from the Supply Management Institute is one of the first indicators to be published to cover President Trump’s first full month in Embed.

Preparation of PMI crossed down to 50.3 in February from 50.9 in January, Said ism Monday.

The slightly sub-tension of the 50.6 consensus estimate of economists held by the Wall Street Journal but remained over the 50-mark that separates the growth of contraction.

A sub -index of prices jumped to 62.4, the highest in almost three years, while an employment meter fell.