VectorVest Economic ReportThe Markit Services PMI Business Activity Index fell 3.4 points to 53.3 in February, marking the lowest level seen since October 2013.

The Markit Manufacturing PMI Index gained 3.4 points to 57.1 in February, marking the sharpest improvement since May 2010.

The ISM Manufacturing PMI rose from 51.3 to 53.2 in February, beating forecasts at 52.0, while ISM Prices Paid fell slightly by 0.5 points to 60.0.

The ISM Non-Manufacturing PMI fell from 54.0 to 51.6 in February, whereas consensus pointed to a fall to 53.5.

The ISM New York Index dropped 7.4 points to 57 in February, whereas forecasts pointed to a decline to 63.2.

Read more: http://www.nasdaq.com/article/economic-report-summary-week-ending-3814-cm334065#ixzz2vkyKOydo