Posts in Forecast
European Industrial Outlook: Recovery Picking Up Speed

Domestic demand has emerged as the decisive driver of economic activity in the EU. Even as the euro weakened over the course of the year, feeble demand in emerging markets put a brake on European exports. Manufacturing activity is growing at a slower pace than that of services; however, key business confidence indices point toward a much faster pace of industrial production growth that should end 2016 about 2% higher.

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U.S. Industrial Outlook: Growth Will Be Moderate but Accelerate Through 2018

Manufacturing industrial production rose at a 3.3% annual rate in the third quarter of 2015—a meager recovery from the essentially flat first half of the year. On a month-to-month basis, all the growth in the quarter occurred in July. The strong growth in July was relatively widespread among industries, but clearly led by motor vehicles and parts production with an 11% increase. Manufacturing production grew 1.0% in July, fell 0.2% in August, dropped 0.1% in September, and then rebounded 0.4% in October

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