Sunday, February 6, 2011

Manufacturing data boosts markets amid Egyptian turmoil

Strong manufacturing data from the U.S. and Europe buoyed economic markets, abating some worries over political unrest and social turmoil in Egypt. The news also allayed concerns over the euro's ongoing debt crisis. "Fear over Egypt has subsided and investors turned their focus back to the economic data which have definitely been strong," said Charles Comiskey, head of Treasury trading at Bank of Nova Scotia in New York, in a Dow Jones Newswire report found at The Wall Street Journal.

Comiskey added, "We know that manufacturing has led in terms of economic recovery and the drags still come from housing and jobs."

So, kudos for players in the markets for PCB, electronics manufacturing, telecom, military, and wiring harness, and for multi-faceted interconnect industry at large. Slow and steady wins the race? All grist for the mill and the blog, as we chart the state of the connector industry in the 21st century, just beyond the decade mark.






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