Business activity in the U.S. Midwest expanded far more than expected in December, according to a report released Wednesday that is likely to boost optimism in the economic recovery.
The Institute for Supply Management-Chicago business barometer rose to 60.0 from 56.1 in November.
That was much better than economists' forecast of 55.0, which was the median in a Reuters poll that ranged from 52.0 to 58.0.
A reading above 50 in the report, also known as the Chicago PMI, indicates expansion in the regional economy.
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Probably, the last piece of good news for 2009?
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Singapore Airlines - Turbulence Ahead?
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In 2009, DBS Vickers gave a call that SIA was fully valued. This is
interesting because earlier in 2008, we also covered this stock in a brief
introduction...
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