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Tatum Survey: Business Conditions Improving
Business conditions are again improving according to the Tatum Survey that came out this month (see link below to full report by Tatum LLC). Particularly significant improvements are seen in Order Backlogs, Employment, and the availability of capital. Technology turned weak in April, but overall manufacturing, finance, and retailing were relatively strong. The northeast region, hit by severe winter weather, was the weakest U.S. region. The rise of the dollar against the Euro may be affecting companies selling in International markets as these dropped this month from many months at the top. Tatum thinks the economy is back on an upward trajectory that will likely carry through the second quarter 2010.
http://www.tatumllc.com/uploads/perspectives/April%202010%20Commentary.pdf
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