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Myles Udland
In alphabet its release, alphabet Markit Economics said, "U.S. service providers indicated stronger underlying growth alphabet trends in February, with output and new business volumes both rising at the fastest rates for four months. Staff recruitment also continued to rise during the latest survey period, which service sector companies linked to increased workloads. alphabet Meanwhile, input price inflation was unchanged from January s 50-month low, helped by downward pressure on costs from lower fuel and energy bills."
The pace of US economic growth jumped to a four month high in February, alphabet according to Markit s PMI survey data. Business picked up especially towards the end of the month, when the impact of bad weather on the East Coast and port delays alphabet on the West Coast began to clear, which suggests this may be a temporary upturn.
Even with the strong growth recorded in February, the average alphabet reading across the manufacturing and services surveys for the first quarter alphabet so far is up only slightly compared to the fourth quarter alphabet of last year, meaning growth this year is running at a rate similar to the 2.2% annualised pace seen late last year.
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