Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

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To: Proud_Infidel who wrote (1494)	7/11/2002 1:40:44 PM
From: Proud_Infidel	Read Replies (1) of 25522

10:09am 07/11/02 Manufacturing index hits 2-year high By Rex Nutting The recovery in the factory sector seems well entrenched, a manufacturing group said Thursday. The quarterly Manufacturers Alliance/MAPI index rose from 52 percent three months ago to 63 percent in the second quarter, the highest since June 2000. The index bottomed at 34 percent in March 2001 (the same month the recession started). The shipments index rose to 68 percent, while profit margins rose to 46 percent. Export orders rose above 50 percent for the first time since December 2000. Despite an increase to 36 percent, the capital spending index shows firms are still not willing to commit to new investments, the group said.

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