A surprisingly strong surge in British manufacturing growth last month has left a few economists scratching their heads. Is it a one-off? Could a manufacturing recovery really appear out of seemingly nowhere?
Depending on which report you read from the same source, the U.S. economy is doing extremely well and also in danger of slowing sharply.
The latest euro zone flash purchasing managers' indexes may have surprised slightly on the higher side, but many are still not convinced that better economic growth is coming later this year.
"Nothing to see here, folks" was the reaction most analysts had to a completely shocking report earlier this week that showed manufacturing business conditions in New York State deteriorated at their fastest pace since the start of the financial crisis.
from Expert Zone:
(Any opinions expressed here are those of the author and not necessarily those of Thomson Reuters)