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21 Giant Companies Reveal What's Really Going On In The Economy

May 9, 2013, 23:26 IST

Dan FrommerEvery earnings season, companies share the details of their financial performance. Additionally, many managers will reveal what they are seeing and what they are expecting for the economy.

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The view out of Q1 2013?

Things have turned a corner, but it's still slow going.

For instance, China is slowing down, but not so much that it will disrupt markets.

North America is looking great, especially in Mexico.

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Among regions, it's really just the European Union that's really struggling — but even there, we may have bottomed out.

Consumer sentiment remains solid, even in the face of the sequester. And at least one company believes we'd be able to weather a pullback in dovish monetary policy.

Some companies are seeing scattered softness.

But overall, the snapshots indicate strength.

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