Summary - Industrial Stocks: A Smokestack Comeback?

The article Industrial Stocks: A Smokestack Comeback? discusses the new economic data that may indicate that the current recession may be nearing its end. Data provider Capitol IQ reports that industrial stocks are up 27% in the past three months. Only the materials and financial sectors of the market had a better showing in the last quarter. The upcoming third quarter earning reports from the individual corporations may be a better indicator of the current status of the economy. According to Ben Steverman, one indication that investors should be optimistic about the recovery is the increase in freight traffic. Freight traffic is up 37.7% since March. Steverman also suggests that as a whole, the U.S. should export more than it imports due to the weakened state of the greenback. In the end, as long as the manufacturing demand increases, the end of this recession could be over.