Monthly Archives: October 2018

//October

Leading Economic Index Increased in September

The Conference BoardĀ Leading Economic Index Increased in SeptemberĀ  The Conference Board Leading Economic Index (LEI) for the US increased 0.5 percent in September following a 0.4 percent August increase and a 0.7 percent increase in July. The LEI improved further in September, suggesting the US business cycle remains on a strong growth trajectory heading into [...]

2018-10-30T10:42:29+00:00A View|

Increasing Raw Material Costs Driving SBQ Prices Up

Increasing Raw Material Costs Driving SBQ Prices Up Increasing raw material costs driving SBQ prices up by $1 per hundredweight ($20/per ton) across all grades with market participants reporting lead times for hot rolled bar that extend into early February 2019. AMM's price assessment for 1 inch round 1000 series hot rolled bar was at [...]

2018-10-22T15:40:38+00:00A View|

Small Business Optimism Slipped in September

Small Business Optimism Slipped in September Small business optimism slipped 0.9 points in September but remains near an all-time high. Tighter labor markets are pushing compensation costs higher and many businesses are passing on those higher costs. Wells Fargo US Raw Steel Production Retreated Again Last Week US raw steel production retreated again last week, [...]

2018-10-22T14:03:21+00:00A View|