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Industrial production also down 1 percent in the EU28.
Manufacturer sales down 56.2 percent from December 2014 peak.
CEO: $48 million divestiture helps MRC "reduce exposure to upstream drilling volatility."
Drop in oil prices, strengthening dollar hurt demand in the last half of year.
Change may be uncomfortable, but it is necessary for success.
Fourth quarter sales increased 3.1 percent year-over-year.
Fourth-quarter sales up 2.1 percent year-over-year.
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Index up 1.9 percent year-over-year.
Retail giant ramping up competition with FedEx, UPS and Alibaba.
Index decreases 1.3 points to 93.9 for the month.
Sales of durable goods down 3 percent from last December.
