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March 2018

Industrial Component Manufacturing

Sectorwatch

The February 2018 Manufacturing PMI came in at 60.8, an eighteenth straight reading in expansion territory. We find the PMI to provide a good 3-6 month lead on Industrial Production, indicating a solid demand environment for industrial component manufacturers through the middle of 2018. In spite of political uncertainties (i.e. trade policy), we remain optimistic on M&A for the remainder of 2018.

Industry Trends:

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