The MNI Chicago Business Barometer Hit Highest Level in Over Three Years Increasing to 65.7 in June from 59.4 in May, the MNI Chicago Business Barometer hit highest level in over three years. New Orders hit their highest level since May 2014 and the order Backlogs component hit its highest level since July, 1994. Manufactured [...]
Special Bar Quality (SBQ) Prices Have Risen $40.00/ton Special Bar Quality (SBQ) prices have risen some $40.00/ton in the US as base price increases for June take hold, market sources have said. Lead times have extended significantly, stretching into September and beyond for certain bars larger than 3.000” in diameter, one distributor said. Still, typical [...]
June Business Activity Rebounded Strongly in New York State Business activity rebounded strongly in New York State according to firms responding to the Federal Reserve Bank of New York Empire State Manufacturing Index Survey for June. The headline general business conditions shot up to its highest level in more than two years. The New Orders index [...]
The 73rd Anniversary of the Normandy Invasion Tuesday marked the 73rd anniversary of the Normandy invasion, the largest seas assault in history wherein the United States of America and her coalition of allies put together the greatest military force in history to stop Hitler and the Nazi war machine which was having its way in [...]
The Midwest Economy Index Increased to Highest Value Since June 2014 The Midwest Economy Index increased in April to +0.70 from +0.61 in March, reaching its highest value since June 2014. What do the index numbers mean? A zero value for the MEI has been associated with the Midwest economy expanding at its historical trend [...]