New York, June 29, 2015 -- The North American manufacturing industry outlook remains stable, Moody's Investors Service says in a new report. Earnings growth is expected to be modest over the next 12 to 18 months, as is global economic expansion. Overall macroeconomic sluggishness and a strong dollar will weigh on manufacturers' credit profiles, and will be especially vexing for those serving the oil and gas exploration and production sector.
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