There’s skepticism about the industrial economy and machinery stocks, but robust activity...

|By:, SA News Editor

There’s skepticism about the industrial economy and machinery stocks, but robust activity suggests the risk of a double-dip recession is slim. U.S. manufacturers booked $32.6B in new orders for machinery equipment in September, the most since July 2008; as a result, machinery stocks may outperform the market through the end of the year.