header

Industrial Growth | Third Quarter 2015

November 2015 – The industrial sector remains in a choppy market relative to other market sectors. Key fundamentals remain broadly weak as Q3 U.S. real GDP capital spending rose at an annual rate of +2.1%, which is half the pace recorded in Q2, due primarily to: (1) declines in mining and oilfield equipment spending, (2) decreases in spending in nonresidential structures which fell at a (-4.0%) rate, and (3) soft order volumes in the trucking sector of 25.2k units vs. expected volumes in the mid-30ks. Furthermore, a strengthening of the U.S. dollar has…

(Please continue reading by downloading the full report.)

November 14, 2015