U.S. Economic News

March 1, 2021

U.S. Economic Indicators

The ISM Manufacturing Index rose 2.1 points to 60.8 in February, indicating industry expansion at a slightly faster rate than in January. The Employment Index rose 1.8 points to 54.4, while the New Orders Index rose 3.7 points to 64.8. ISM Report

Construction spending rose 1.7% in January to an annualized rate of $1.52 trillion. Both private construction and public construction rose 1.7%. Census Bureau Report