U.S. Outlook: Manufacturing rebound is on track
Recent economic data points to further strengthening of the U.S. economy this year. We see plenty of reasons to remain optimistic about the outlook for U.S. manufacturing, and that revitalization of the manufacturing sector will eventually spill over into other sectors of the economy.
Below are brief highlights of my weekly economic analysis, followed by a link to the full U.S. Outlook report, delivered on April 4, 2014.Key observations:
- Positive manufacturing sentiment is here to stay
- Industrial production rebounded nicely in February
- Business loan delinquency rate lowest in more than 25 years
- Data points to swift shift to vibrant growth in Q2 and beyond