For many months, almost all of the positive signs about the economy were from high-level, macro indicators like unemployment claims and broad manufacturing indexes. Individual companies, which remained mum about any signs of recovery, until this week, began to talk about the good news, finally providing the real world data that had been conspicuously missing regarding an improved economy.
The tidbits of good news this week come from companies across a wide range of industries including Intel in technology, Tiffany’s in retailing, Emerson in the industrial world, and an auto insurance-related company.
(Continue reading in Morning Star)