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But the following sentence should easily temper any enthusiasm: "Contacts in a broad range of industries report continued contraction in employment at their establishments, and most anticipate steady or declining employment levels in the months ahead".
Instead, Shah – one of the authors of the recent World Economic Forum's Digital Transformation of Industries report – believes that the role of government is now as a collaborator with industry.
Nationally the solar energy industries report jobs in their industry are increasing faster than any other sector in the United States - by more than 20percentt each year.
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Three industries reported the majority of events: industrial and miscellaneous chemicals manufacturing; petroleum refining; and plastics, synthetics, and resin manufacturing.
No industries reported falling orders.
Five industries reported contraction, including wood producers and chemical makers.
The petrochemicals maker and oil refiner, Reliance Industries, reported a 27percentt increase in quarterly profit.
Four industries reported contraction: minerals, computers and electronics, wood and chemicals.
Eleven industries reported growth, from computer makers to manufacturers of machinery.
In the I.S.M. survey, 13 of the 18 industries reported expansion, including construction, real estate, finance and insurance and utilities.
Before the lukewarm economic news, a number of companies across a variety of industries reported second-quarter results Tuesday morning.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com