Industrials Stocks

The Industrials sector includes manufacturers of machinery and equipment, aerospace and defense firms, transportation and logistics companies, and providers of commercial and construction services. It is a cyclical sector whose fortunes track capital spending, global trade, and economic growth.

Industrials often lead in expansions and lag in slowdowns, and many are established dividend payers. Investors watch order backlogs, purchasing-manager indexes, commodity input costs, and infrastructure and defense spending to gauge where the sector sits in the economic cycle.