GROWTH IN EUROPE INDUSTRIAL PRODUCTION DURING LATE 2017
As the Europe and the global economy grow in the coming quarters, we expect the industrial segment to contribute once more to the overall growth of the economy. The overall industrial segment is expected to expand during at least the second half of 2017. The list of positive indicators that support higher levels of Europe industrial activity in 2017 is growing. Manufacturing Production will generally expand. Building Permits for Construction, both residential and non-residential, are expanding. Motor Vehicle Production is at a record-high level. The Retail Trade Index is also at a record-high level, and the consumer strength will contribute to a vast amount of segments in the Europe economy.