The U.S. economy tries to find its happy place

Jan 5, 2022
IHS Markit's Purchasing Managers' Indexes for services and manufacturing are a mixed bag.
The December Purchasing Managers' Indexes indicate that supply chain issues may be easing, in manufacturing more than services. Above, a freight train moves goods in New Mexico.
Patrick T. Fallon/AFP via Getty images

For 2012, "cautious" optimism abounds

Jan 2, 2012
Today's data on global manufacturing was better than expected. Combine that with slightly better numbers on unemployment and housing last month, and analysts think the economy is, well, better.