MNI Chicago Business Barometer Increased to Highest Level Since January 2015 The MNI Chicago Business Barometer increased in April to its highest level since January 2015. Optimism among firms about business conditions rose for the third month in a row. The April Chicago report showcased another impressive month with firms reporting solid growth. Rising demand [...]
The US Leading Economic Index Continued Upward Trend in March The US Leading Economic Index continued its upward trend in March. Strength in ISM new orders and the interest rate spread components continue to help boost the index. The March increase and upward trend in the US LEI point to continued economic growth in 2017 [...]
U.S. Added 15 Drill Rigs While Canada Idled 23 The number of drill rigs running in the US rose by another 15 last week (7 in Texas) to 839 from 824 the previous week. Meanwhile Canadian drillers idled 23 rigs compared to the previous week. U.S. Raw Steel Production Rose US raw steel production rose [...]
U.S. Drill Rigs Running Rose to Highest Tally Since 2015 The number of drill rigs running in the United States rose by another 15 last week, led by Texas and Louisiana (up seven and six respectively). This marks the highest tally since September 25, 2015 when 838 rigs were in operation (last week 824). Meanwhile [...]