Summary: A Smokestack Comeback

The article "A Smokestack Comeback" explains how the U.S. Manufacturing sector has shown signs of economic improvement in the stock market, however nothing is a sure bet as other data conflicts with this idea. While stocks classified as industrial rose 27% in the last three months, the U.S. Philadelphia Fed Index declined from 14.1 to 11.5 during September and October. Others will be looking at the earnings reports, who some believe give investors a better sense of whats going on. Developments overseas and the fact that manufacturing is jumping off a very low base are a couple of the reasons to be optimistic for the U.S.industry.