NEW YORK (TheStreet) -- The manufacturing sector is ready for liftoff in Europe and Japan, according to an analysis by the New York-based Economic Cycle Research Institute, which studies such matters. Even the U.S. factory sector will benefit, but most of the growth will be overseas, ECRI said.
What's more, there should be ample time for investors to get in on the action.
"A clear global industrial upturn is happening," said Lakshman Achuthan, co-founder & chief operations officer of ECRI. He's basing that assessment on data showing a current rebound in industrial production from six months ago as well as proprietary ECRI indicators pointing to a sustained upswing.
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