Industrial Growth | Fourth Quarter 2017
March 2018 – During the fourth quarter, returns for the industrials sector in the equity capital markets continued their expansion momentum with the majority of the subsectors followed by SCA continuing their positive returns after two consecutive quarters of 3% GDP growth and consumer confidence at a 17-year peak. The Metals subsector led the industry with a quarterly return of +13.5%, compared with the S&P 500 quarterly return of +5.7%. Other industry subsectors with notable positive quarterly growth include Precision Machine Products +9.0%, Resource Recovery & Waste Management +5.4%, and Analytical Instrumentation & Testing Equipment +4.3%.
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