U.S. manufacturing activity jumps to 3-year high in February

THE INSTITUTE FOR SUPPLY MANAGEMENT The Institute for Supply, an association of purchasing managers, reported that its manufacturing index climbed to 60.8 in February from 58.72 in January. / AP FILE PHOTO/AMR ALIFKY
THE INSTITUTE FOR SUPPLY MANAGEMENT The Institute for Supply, an association of purchasing managers, reported that its manufacturing index climbed to 60.8 in February from 58.72 in January. / AP FILE PHOTO/AMR ALIFKY
WASHINGTON (AP) – United States manufacturing expanded in February at the fastest pace three years with the arrival of a surge in new orders. The Institute for Supply Management reported Monday that its gauge of manufacturing activity index rose to a reading of 60.8 last month, 2.1 points above the January level of 58.7. It…

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