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A Drop In Industrial Activity Suggests U.S. Capital Goods Is Slowing Also, Says Report Oct 11
Standard & Poors, Oct 2011
Abstract
NEW YORK (Standard & Poor's) Oct. 6, 2011--Standard & Poor's Ratings Services said today in a published report that most indicators of global manufacturing activity are showing signs of deceleration, suggesting that the U.S. capital goods sector is losing momentum. The industry report card is titled 'As The Economy Slows, So Does U.S. Capital Goods.' While global indicators aren't pointing to downright contraction, some U.S. indicators are starting to edge closer to the threshold. 'We still expect U.S. capital goods companies to benefit from their considerable presence in emerging markets, where demand is still expanding, but downside risks have increased in-line with the slowdown in the global economy,' said Standard & Poor's credit analyst Gregoire Buet. The rating trend in...
Action: General Comment
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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