Evidence continues to mount that the national economy is gaining strength.
The latest evidence of recovery comes from today’s Institute for Supply Management report which shows that manufacturing activity in January jumped to 60.8, the strongest reading since May 2004.
A pair of reports released today indicate the economy is gathering strength.
The National Association of Realtors reports that pending home sales rose sharply in February.
The Institute for Supply Management’s service index jumped above 55 in March. Anything above 50 indicates expansion.
We’re not out of the woods yet, but at least today’s watercooler talk is positive.