Transportation sector leads historic broad-based growth across Asia
#Asia #Economic growth #S&P Global #PMI #Transportation #Business activity #Sectors
π Key Takeaways
- All 18 monitored Asian sectors showed growth in February, a first since September 2007
- Transportation sector led the broad-based economic expansion
- The comprehensive growth indicates synchronized recovery across manufacturing and services
- No single sector contracted during this reporting period
π Full Retelling
π·οΈ Themes
Economic growth, Regional development, Business expansion
π Related People & Topics
Transport
Movement of goods or people between locations
Transport (in British English) or transportation (in American English) is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipelines, and space. The field can be divided into infrastructure, vehic...
Economic growth
Measure of increase in market value of goods
In economics, economic growth is an increase in the quantity and quality of the economic goods and services that a society produces. It can be measured as the increase in the inflation-adjusted output of an economy in a given year or over a period of time. The rate of growth is typically calculated ...
Asia
Continent
Asia ( AY-zhΙ, UK also AY-shΙ) is the largest continent in the world by both land area and population. It covers an area of more than 44 million square kilometres, about 30% of Earth's total land area and 8% of Earth's total surface area. The continent, which has long been home to the majority of ...
Entity Intersection Graph
Connections for Transport:
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