https://www.taxtmi.com/news?id=4804 The Index of Industrial Production shows mining contraction from falls in natural gas and crude output and a manufacturing recovery led by consumer durables; capital goods remained weak. Gross Capital Formation averaged positive growth earlier but turned negative in 2008-09 and 2011-12, largely due to manufacturing declines. Weak investment, infrastructure and energy constraints, decelerating credit and fragile global demand have moderated industrial and corporate sales growth, and seasonally adjusted measures indicate modest positive industrial growth for the current year. en-us Wed, 27 Feb 2013 14:35:22 +0530 Wed, 27 Feb 2013 14:35:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4804 The Index of Industrial Production shows mining contraction from falls in natural gas and crude output and a manufacturing recovery led by consumer durables; capital goods remained weak. Gross Capital Formation averaged positive growth earlier but turned negative in 2008-09 and 2011-12, largely due to manufacturing declines. Weak investment, infrastructure and energy constraints, decelerating credit and fragile global demand have moderated industrial and corporate sales growth, and seasonally adjusted measures indicate modest positive industrial growth for the current year. News - Wed, 27 Feb 2013 14:35:22 +0530 https://www.taxtmi.com/news?id=4804