InterOcean Quarterly Manufacturing Update – Q3 2018

- Market Information & Reports

InterOcean’s third quarter 2018 Manufacturing Update highlights the continued uncertainty caused by the U.S. trade war with China. The uncertainty is influencing M&A activity, as buyers and sellers are deferring action until greater clarity of corporate earnings, cash flow and transaction values can be achieved. The existing tariffs are also beginning to impact industries that are key to continued U.S. economic strength, including housing and automotive. However, the negative effects are offset, in part, by increased government defense spending and new tariffs on flow control equipment from China.

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