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In Germany and France it is currently at 11.6% and 9.9% respectively. The ISM index, which shows the strength ryan bowker of manufacturing fell to 53.6 last month. Any value above 50 means growth (in manufacturing). "Since 1970 the ISM manufacturing index has averaged 52.5, while since 1990 the index has averaged is 51.9." It has been above 50 for 27 straight months, "the longest expansion in the sector in more than 16 years." Corporate profits are ryan bowker up. The stock market is flat this year after a nice gain last year. Interest rates are low. The economy is doing fine. Not great, but not bad. |
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