Attention Economy


Wednesday, September 1, 2010

Emerging Markets Bolster US Manufacturing & Agricultural Sectors

It is worth noting that US manufacturing and US agricultural sectors are doing quite well.

http://www.bloomberg.com/news/2010-09-01/ism-index-of-manufacturing-in-u-s-increased-more-than-forecast-in-august.html

http://www.fas.usda.gov/cmp/outlook/2010/August-10/Fy%202011%20Overview.pdf

http://www.nytimes.com/2010/09/01/business/economy/01exports.html


Booming infrastructure spending and consumption growth in emerging markets has a lot to do with it. China, which has limited arable land, is set to become the second biggest importer of US agricultural products.