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Fitch: Industrial Sales a Bright Spot for U.S. Utilities in Otherwise Lackluster Sales Environment

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NEW YORK--(BUSINESS WIRE)--Retail electricity sales to industrial customers have rebounded strongly over the past two years, according to Fitch Ratings' analysis of 150 utility operating companies. Fitch attributes the uptrend to an improved economy and a return of heavy manufacturing in certain regions of the U.S., particularly the Southeast, and increased oil and gas drilling activity in the shale regions. The recent improvement in industrial sales is a bright spot in an otherwise lackluster

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