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This is in contrast to cities like Los Angeles, New York, and Minneapolis, as well as industries like healthcare and consumer nondurables, where female representation is higher.
Joshi said, " Industrial growth has picked up in the last quarter of 2014- 15 but the demand for consumer durables continues to be very weak which is an area of concern." Icra senior economist Adit Nayar said that the double- digit growth of consumer nondurables benefited from a significant expansion in output of apparels and leather garments in February, which is somewhat at odds with the trend recorded for export shipments in the same month.
Following French, we define 10 industry portfolios as follows: Consumer NonDurables (ind 1), Consumer Durables (ind 2), Manufacturing (ind 3), Oil, Gas, and Coal Extraction and Products (ind 4), Business Equipment (ind 5), Telephone and Television Transmission (ind 6), Wholesale, Retail, and Some Services (ind 7), Healthcare, Medical Equipment, and Drugs (ind 8), Utilities (ind 9), and Other (ind 10).)
The production of consumer nondurables was unchanged in November; an
Despite decreases in all major categories of non-energy nondurable consumer goods (the largest being a 1.1 percent drop in clothing output), a 2.1 percent increase in consumer energy products pushed the index for total consumer nondurables to a 0.2 percent gain for the month.
After consumer spending on services, the next larger amounts were 1.2 trillion dollars for consumer nondurables (mostly food and clothing); $455,000,000,000 for residential and nonresidential structures (essentially building and construction); $448,000,000,000 on durable goods (e.g., cars and appliances); $346,000,000,000 for producers' durable equipment; $273,000,000,000 for Federal government defense expenditures; $244,000,000,000 for exports of goods; and $120, 000,000,000 for exports of services.
A sizable slowdown in the rate of increase for tobacco products was responsible for much of the deceleration in the index for consumer nondurables other than foods and energy.
Although defensive sectors such as IT, pharmaceutical and consumer nondurables still account for big chunk of funds' assets, their overall contribution has fallen since the start of the year.
Among consumer nondurables, the production of non-energy consumer goods declined 0.4 percent; declines in the output of paper products, foods and tobacco, and clothing were only partly offset by a gain in the production of consumer chemicals.
"The deterioration in the industrial performance in February was led primarily by capital goods and consumer nondurables.
The output of energy products rebounded 2.1 percent from declines that totaled 3 percent over August and September, and the output of non-energy consumer nondurables rose 1.0 percent, led by gains in foods and consumer chemicals.
This is reflected in the contraction in the output of both consumer nondurables, such as cosmetics and cornflakes and consumer durables like household goods and appliances.
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