Industrial Growth | Fourth Quarter 2016
March 2017 – During the fourth quarter, returns for the industrials sector in the equity capital markets improved substantially with all of the subsectors followed by SCA generating positive returns after the much-anticipated Presidential election. The Metals subsector led the industry with a quarterly return of +28.8%, compared with the S&P 500 quarterly return of +3.6%. Other industry subsectors with notable positive quarterly growth include Resource Recovery & Waste Management +12.1%, Precision Machine Products +11.1%, and Analytical Instrumentation & Testing Equipment +6.4%. M&A activity for the quarter slightly increased compared to Q3 2016 with 220 transactions announced versus 216 deals last quarter; deal value was also significantly less at $18.1 billion compared to $20.8 billion last quarter.
(Please continue reading by downloading the full report.)