PMIs: global recovery taking shape: "The release of PMI’s across the globe yesterday continues to suggest that, while the global recovery might be slowly taking shape, activity generally remains sub-par and the distribution of growth is uneven. The US still appears to be leading the recovery in the developed world. The ISM manufacturing index rose to 53.7 in March from 53.2 in February, another data point confirming that weather-related weakness in US data is likely at an end. "
'via Blog this'
