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Manufacturers around the world reported rapidly rising orders.
In Europe, some euro zone economies continue to report sharply rising orders, most notably Germany.
The farther above 50 the index goes, the greater the proportion of companies reporting rising orders.
The margin was small, but the survey had shown rising orders for 24 consecutive months.
But reports of rising orders pointed to more strength ahead for factories.
Mr. Yardeni also recommends makers of capital equipment, in part because of rising orders from foreign industrial companies.
Similar(35)
In the face of rising order books, businesses will have to hire more workers.This may already be happening in some parts of the country.
It's called Double, in the Trappist tradition of producing beers in rising order of strength, labelled Single, Double and Triple.
Nevertheless, some companies are better positioned to ride out hard times because they have a rising order backlog.
In rising order the needs are for safety and security, achievement, cooperation, understanding, creativity, moral values, and spiritual fulfillment.
Healthy retail sales, rising production orders and low jobless claims all suggest that growth could be around 2.5%.
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CEO of Professional Science Editing for Scientists @ prosciediting.com