The latest purchasing manager survey by the ISM was better than expected by economists at 51.5, indicating growth in manufacturing is expected. Import expectations are still negative, but at a lower rate than previously. The export outlook continued to positive, albeit at a modestly lower rate than a month earlier. The finding comes as Chinese managers have returned to expecting growth, and Germans are increasingly positive. Whether these positives can offset the negatives seen by the WTO and managers in France and the U.K. remains to be seen.