A rising stock market next year is becoming an article of faith. But beneath the bullish sheen of several positive reports, many other key indicators are bearish or neutral. Investors might want to balance the widespread confid…
Manufacturing activity in the mid-Atlantic region unexpectedly surged in November. The Philly Fed’s Business Outlook Survey index jumped to 22.5 in November from 1 in October, its highest reading since December 2009.
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The nation’s factories continue to show signs that they will support economic growth in the immediate quarters ahead, as manufacturing output rose 0.5% in October — the sector’s biggest gain in three months — the Federal Reserve announced Tuesday.
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It’s the first decline since June 2009. Still, despite the dip, the nation’s industrial sector remains in an uptrend, and a weaker dollar may further boost international sales of key U.S. companies in the months ahead.
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Factories continue to show signs of sustainable economic growth, as industrial production rose 0.2% in August.
Continue reading Industrial Production Rises for the 14th Straight Month
Industrial …