MAPI Composite Index Rises to Record High, Indicating Continued Rebound

摘要

The manufacturing recovery continues to trend upward and has rebounded from severely depressed levels in 2009, according to the quarterly Manufacturers Alliance/MAPI Survey on the Business Outlook - June 2010, a leading indicator for the industrial sector.rnThe June 2010 composite index rose to a record high 81 percent from 78 percent reported in the March 2010 report, breaking the previous high of 80 percent set in June 2004 and marks the third straight quarter it has reached 50 percent or above. The index started as a quarterly series in 1991.