When comparing a PMI index of 58 percent for February to an index of 53 percent for January, we can conclude that. 1 The manufacturing sector grew in January and February. II. The manufacturing sector grew in February but contracted in January. III. Both the manufacturing and service sectors grew in January and February. IV. The growth in February is faster than the growth in January. V. The economy grew by 5 percent from January to February. OA. II and V only OB. III, IV, and V only OC. II. IV and V only OD. Ill and V only OE. I and IV only