TEMPE, AZ -- The nation's top indicator of purchasing activity rose 2.7 points in May to its highest level in eight months as the manufacturing sector slowly emerges from the recession bottom.
LOS ALTOS, CA – The medical electronics industry is not immune to the recession. First-quarter equipment sales dropped 2.6% from last year, says Henderson Ventures. The downturn in sales is attributed to a combination of dropped insurance coverage and stricter approval policies.
Henderson forecast equipment production to grow up to 9.7% in 2011, on an economic recovery and federal stimulus.