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April 2013 Manufacturing Is Better But Conflicts With Other Data

Wednesday, June 5, 2013 8:56
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(Before It's News)

Written by Steven Hansen

US Census says manufacturing new orders grew in April. Our analysis concurs with the US Census that manufacturing is grew in April.

  • The downward trends in manufacturing new and unfilled orders continues even with this month’s improved data.
  • The Industrial Production data disagrees with this Census report – and says manufacturing contracted in April.
  • There were no sectors doing well withing this data except transport (both military and non-military aircraft and vehicles.  At best, this data is mixed and conflicted with other April manufacturing data.

      Read more »



    Source: http://econintersect.com/wordpress/?p=37283

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