IN GEAR:Indices on semiconductor equipment imports, building permits and payrolls posted positive cycles, while export orders and stock prices had negative cycles

Taipei Times
Date: Mar 28, 2018
By: Crystal Hsu  /  Staff reporter

The government’s business climate monitor returned to “green” as the nation’s export-reliant economy resumed a stable recovery after two months of slowdown, the National Development Council said yesterday.

The total score for the major economic bellwether stood at 24 last month, a 4-point gain from January, backed by improvements in industrial output, capital equipment imports and producers’ shipments, the council said.

“The latest figures suggest a healthy state for the nation’s economy, although the pace of growth remains modest,” council research director Wu Ming-huei (吳明蕙) told a media briefing.

The trade tensions between the US and China merit close attention and so do monetary policy moves by the US Federal Reserve and other central banks, Wu said.
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