April 2013 Manufacturing Is Better But Conflicts With Other Data

(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.

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