The December index dropped 2.6 points from the near-record November report.
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Rexnord expects to drive considerable revenue and cost synergies as the company is integrated.
Index records 5.2 percent gain over December 2016.
Goods and services deficit up 11.6 percent year-over-year.
The Measure now reads 63, up from 59 in the third quarter.
Analytics capabilities critical for distributors to compete in changing marketplace.
Construction spending up 0.8 percent from October.
Each new location will carry a full line of residential and commercial roofing products.
List highlights include a focus on company culture and pricing strategy amid changing needs.
Annualized growth through November is 6.4 percent.
The Present Situation Index increased during the month, while the Expectations Index decreased.
Acquisition expands Air Hydro Power's Alabama footprint.
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The index's three-month moving average, CFNAI-MA3, increased during the month.