Sunday, March 21, 2010

The business Outlook: It’s Starting to Look Better

The business Outlook: It’s Starting to Look Better
Sorry to spoil President Obama’s parade but the most important issue for average Americans is not healthcare. It is very important but it not number one. Number one is the American economy and more importantly job stability. Can you find or keep a job? Some of the economic news is depressing. American’s still aren’t spending much money on durable goods, and soaring credit card debt is the proverbial other shoe to drop on the economy.

It’s not all gloom and doom however. An important but little known index is rising and that it is good news-the index is the Baltic Dry Index. What this index does is measure how much it would cost to ship basic raw materials and the Baltic just hit a two month high according to This is especially good news since it measures what might be in pipeline for the future to affect other indexes like the PMI (Purchasing Managers' Index) which measures new orders, inventory, supplier deliveries, and production levels amongst other things.

So is it time to go out and invest in growth stocks or buy a new sports car? I wouldn’t go that far, but it might be all right to go ahead and send your kids to camp. Before orders can be produced, and people brought on to work those orders, someone in purchasing has to buy the raw materials to start the process, and nothing is final until the product ships. Well, good news, basic raw materials are shipping and its time to look at some of the other reports with a little more optimism!

Looking for a GeoVison Security Camera System to help secure your small or medium business? Call today at 877-422-1907 for a free phone consultation. Ask about the new Hybrid DVR/NVR surveillance solutions.

No comments: