pace than in March. Nearly all of the survey’s broadest indicators remained positive but fell from their readings in the previous month.
Increases in input prices continue to be widespread, and a significant percentage of firms reported increases in prices for their own manufactured goods. The survey’s indicators of future activity fell notably this month; however, most firms expect continued growth over the next six months.
Is the economy slowing down in spite of good news about earnings (click on the chart to enlarge it)?
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest
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