<p>It's clear that the recession is coming to an end in Europe.</p>
<p>The latest evidence: Very nice French manufacturing data from the Markit Flash PMI index.</p>
<p>Here's the snapshot.</p>
<p><div class="image-container display-table"><div><div class="image"><img src="http://static1.businessinsider.com/image/51ef7c256bb3f7c607000000-698-467/screen shot 2013-07-24 at 3.00.39 am.png" border="0" alt="Screen Shot 2013 07 24 at 3.00.39 AM" /><p class="source"><a href="http://www.markiteconomics.com/Survey/PressRelease.mvc/ff874f59bf1442d3a8c96ef0a33d8ac0">Markit</a></p></div></div></div></p>
<p>The sub-50 58.8 number is still contractionary, but the multi-month highs, including that 51.3 reading on the output index indicates that the shrinkage period is rapidly coming to an end.</p>

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French Manufacturing Index Rises To 17-Month High - Output Soars To Highest In Over Two Years

It's clear that the recession is coming to an end in Europe. The latest evidence: Very nice French manufacturing data from the Markit Flash PMI index. Here's the snapshot. Markit The sub-50 58.8 number is still contractionary, but the multi-month highs, including that 51.3 reading on the output index indicates that the shrinkage period is rapidly coming to an end.

It's clear that the recession is coming to an end in Europe. The latest evidence: Very nice French manufacturing data from the Markit Flash PMI index.

French Manufacturing Index Rises To 17-Month High - Output Soars To Highest In Over Two Years

Joe Weisenthal

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