US manufacturing activity jumps to 3-year high in February

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U.S. manufacturing expanded in February at the fastest pace three years, helped by a strong gain in new orders …

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FILE – In this June 24, 2019, file photo machines work on a Ford vehicle assembly line at Ford’s Chicago Assembly Plant in Chicago. American factories expanded at a faster pace last month, continuing a rebound from the coronavirus recession. The Institute for Supply Management, an association of purchasing managers, reported Tuesday, Sept. 1, 2020, that its manufacturing index climbed to 56 in August from 54.2 in July. (AP Photo/Amr Alfiky, File)

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