The National Development Council's (NDC) economic index showed "Green" for two consecutive months in February and March, indicating Taiwan's economy is in steady growth, reported Commercial Times on April 29. The index uses nine indicators to gauge the nation's economy, including stock market performance, export orders, and industrial production. The index in March stood at 25 points, due to improved economic conditions in the United States and Europe, growing export orders, and revival of private sector investments. NDC says the index is expected to maintain "Green" in April as China's PMI (Purchasing Managers Index), production, and retails have shown signs of recovery.