http://www.nytimes.com/2013/04/03/business/economy/factory-orders-climb.html?_r=0
This article is about the increase (of 3%) in orders placed at American factories from the month of January to February. They say that is was due to a volatile demand surge for commercial aircrafts. This suggests that business investment is going to experience a steady increase, therefore influencing the trade balance and net exports. At the same time, there have been speculations that the job market is on the improving path too, so hope has not been lost after all!
This article is about the increase (of 3%) in orders placed at American factories from the month of January to February. They say that is was due to a volatile demand surge for commercial aircrafts. This suggests that business investment is going to experience a steady increase, therefore influencing the trade balance and net exports. At the same time, there have been speculations that the job market is on the improving path too, so hope has not been lost after all!
It is good to hear that there is an increase in orders at American factories as this possibly hits towards the recovery of the economy and also increase in employment levels which is good.
ReplyDeleteThis 3% increase in orders placed will have a positive trickle down effect on the economy.
ReplyDelete