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Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
United StatesMarkit Composite PMI climbed to 55.9 in February 2022
Markit Composite PMI climbed to 55.9 in February 2022, up 4.8 from January's 51.1 reading. The reading matched the 56 consensus. Year-over-year, the indicator is down 3.6. Over the past 3 months, Markit Composite PMI averaged 54.36, vs 56.25 in the prior 3-month window. The reading is in the 31st percentile of the trailing 24-month range.
Latest Release
55.9
Actual
56
Consensus
51.1
Previous
The March 2022 reading rose from the previous value of 51.1. Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks) and negatively correlated with EUR/USD (Bearish EUR).
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Markit Composite PMI - US
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