Apr 10
19
Southridge Capital Looks at Marketing Sector
3 Comments
Southridge Capital took a look at the marketing sector, which we feel is pushing the market upwards. According to Norbert J. Ore, CPSM, C.P.M., chair of the Institute for Supply Management™ Manufacturing Business Survey Committee: “The manufacturing sector grew for the eighth consecutive month during March. The rate of growth as indicated by the PMI is the fastest since July 2004.” Mr. Ore also notes of the 17 industries tracked, only the Plastics & Rubber industry reported a contraction this last month. These positive results are being registered while inflation is kept in check. These factors have Southridge Capital encouraged that the economy is still on the rise.
