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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Gator II who wrote (11117)7/2/2002 9:30:04 AM
From: quehubo  Read Replies (1) of 206085
 
Another ray of hope here that will support electric and NG demand growth:

ECRI: US industrial sector is on the mend By Rex Nutting
Signs of a recovery in the industrial sector are pervasive and unambiguous, said Lakshman Achuthan, managing director of the Economic Cycle Research Institute. The JOC-ECRI industrial price index "is pointing clearly to the sustainability of the cyclical industrial upturn," ECRI said in a release. The index has risen from -20.5 in January to 19.5% in July, "a highly significant resurgence," ECRI said. "The message is unambiguous. Despite the uncertainties that have taken a toll on stock prices in recent weeks, the U.S. economy, and the industrial sector in particular, is on the mend," ECRI said.
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