Pantheon Macroeconomics - The manufacturing sector is much more exposed to external forces--the dollar, and global growth--than the rest of the economy. But much of the slowdown in the sector over the past year-and-a-half, we think, can be traced back to the impact of plunging oil prices on capital spending in the sector.

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1 July. 2016 Manufacturing Activity Has Levelled-Off - Better News Ahead

By Ian Shepherdson

The manufacturing sector is much more exposed to external forces--the dollar, and global growth--than the rest of the economy. But much of the slowdown in the sector over the past year-and-a-half, we think, can be traced back to the impact of plunging oil prices on capital spending in the sector.

Posted: 1st Jul 2016 in 'U.S. Documents'

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