It’s no secret that manufacturers in the United States have been making a killing by selling industrial goods to customers in China, India and other hot emerging markets.
But guess what? Companies like Caterpillar, Eaton and Danaher, which all reported solid fourth quarter profits this week, aren’t just doing well because of demand from abroad. A turnaround in the U.S. economy is also helping.
(READ the story in CNN-Money)