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Higher sales in the building material and supplies contributed to the increase.
Coincident Economic Index up 0.1 percent and Lagging Economic Index up 0.3 percent.
Industrial outlook projects no more than 2 percent annual growth in U.S. GDP through 2020.
Cadence will become part of the specialty intermediates division.
Field sales reps are quickly losing their "differentiating value."
Increase due to positive contributions from host of areas, including personal consumption expenditures.
The index's three-month moving average, CFNAI-MA3, increased during the month.
Acquisition expands Caster Concepts' manufacturing capabilities.
Distributor Index decreases to 53.5 and Manufacturer Index decreases to 61.4.
Fourth-quarter sales decreased 4 percent from 2015.