Industrial Growth | First Quarter 2015

May 2015 – Through Q1 2015, the industrial sector continues to experience weak performance across several indices, including (i) the PMI Manufacturing Index, which slipped to a new 16-month low; (ii) Industrial Production fell for the fifth straight month; (iii) Capacity Utilization, which is a measure of factory production, dropped to its lowest level in nearly 15 months; and (iv) Producer Price Index was -1.3%, representing the fourth consecutive month with a negative growth rate.

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