Mexico Manufacturing Up in February
The IHS Markit Mexico Manufacturing Purchasing Managers' Index (PMI) was 52.6 in February, up from 50.9 in January to a 15-month high. A reading above 50 indicates growth. Factory output increased in February for the first time in four months, and job creation was higher for the second straight month due to rising orders.
The PMI index is composed of five sub-indexes tracking changes in new orders, output, employment, suppliers' delivery times and stocks of raw materials. See IHS Markit