German Manufacturing Sector Grows for First Time Since 2022

Germany’s manufacturing sector grew for the first time since 2022 as vast government outlays buoy Europe’s largest economy.

S&P Global’s Manufacturing Purchasing Managers’ Index advanced to 50.7 in February from 49.1 the previous month — surpassing the 50 threshold separating expansion from contraction and ending a slump that’s curbed growth and jobs.