New orders fell to 49.0, the second straight month below 50. Imports slowed to a 49.8 reading. Factory prices fell to 49.2 versus 56.3 a year earlier. Orders fell to 44.9.
The Services PMI was stronger at 54.4. New orders slid to 45.9 though, and selling prices fell to 49.9 versus 51.4 a year ago.
The slowdown is underway.
NBS: 2018年2月中国采购经理指数运行情况
Unprecedented
-
FEEDThere has never been a time in the history of the markets that TLT fell
eight days in a row, but it did as of Monday.
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