The February seasonally adjusted S&P Global Mexico Manufacturing Purchasing Managers’ Index (PMI) was 52.3, increasing 2.1 points from January. Manufacturers reported growth in new orders and employment.
The PMI index is comprised of five sub-indices tracking changes in new orders, output, employment, suppliers’ delivery times, and stocks of raw materials. A reading above 50 indicates growth, while below represents a contraction. See S&P Global
