The modest rebound in the ISM manufacturing index in June, to 55.3 from 53.5 in
May, will ease fears that the economy is heading towards a double dip recession. But
more generally, the clear slowdown in activity in recent months highlights that, even
though it began two years ago this month, the economic recovery is still very fragile
and vulnerable.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services