Global industrial production up 3.6% in July, supported by strong factor output; production up 3.2% after 7M

September 20, 2017 | Articles

World industrial activity continues to trend upwards, growing 3.6% year-over-year in July. Industrial production is up 3.2% after seven months, well above the 1.6% rate of growth recorded in 2016. Underlying the improvement in industrial production is stronger demand for manufactured goods, which is also contributing to higher merchandise trade flows. World manufacturing production was up 3.5% through July, with sturdy rates of growth recorded in most large economies. Perhaps the one major exception is the United States, where the pickup in activity primarily reflects a rebound in mining output (+5.6% year-to-date).

The full Industrial Production report from our new G2H Macro Series can be read here.

What really drives crude oil prices?

January 8, 2017 | Articles

Contrary to popular belief, changes in oil supply are of secondary importance in explaining recent oil price developments. In this study, Numera explores how the decline has mainly been the result of unanticipated shifts in market sentiment.

Tissue capacity expansions 2010-2016

August 3, 2016 | Articles

Numera outlines tissue capacity expansions by machine supplier from 2010-16. This research provides evidence of the increased size of tissue machines, while outlining regional variations in machine size.
To view this special research note click here.