Signs of Recovery? We'll See.

By Robert Parker – August 16, 2009
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The government issued data on factory output for July and the results were encouraging.  Output rose 0.4% in the month, the first increase in nearly a year.  Much of the credit was given to the automotive industry as the "cash for clunkers" program combined with pent up consumer demand moved vehicles off the lots.  The results raise some interesting discussion.


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Robert Parker

Group Vice PresidentIDC


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