World’s Factories Manufacturing at Record Rates, Fueling Global Economic Recovery

The world's factories are churning out products at record rates, fueling the global economic recovery at a faster pace than thought possible just a few months ago. The latest figures show factory output is growing at a record rate from the United States to China to Europe and beyond. And as manufacturing expands, economists expect the world's economies to continue to expand, creating jobs and putting money in consumer pocketbooks. As long as companies have plenty of cash to finance expansion, output from the world's factories should continue to grow, according to Money Morning Contributing Writer Shah Gilani, who recently launched the Capital Wave Forecast , a new trading service based on capital flows. Recent surveys show U.S. companies are sitting on almost $1 trillion in cash.