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Optimistic Future Conditions Suggested

Optimistic Future Conditions Suggested Fairly optimistic future conditions are suggested by indexes assessing the six-month outlook which improved noticeably, after slumping in January. The Federal Reserve Bank of New York Empire State Manufacturing Survey for February 2019 Reports Modest Growth The Federal Reserve Bank of New York released its Empire State Manufacturing Survey for February [...]

2019-02-18T14:58:12+00:00A View|

US Census Bureau Full Report for November 2018

US Census Bureau Full Report for November 2018 US Census Bureau Full Report for November 2018 on Manufacturers' Shipments, Inventories and Orders: New orders for manufactured durable goods, down two consecutive months, decreased 0.6 percent. Shipments of manufactured durable goods, down two consecutive months decreased 0.6 percent. Inventories decreased after twenty-four consecutive monthly increases, falling [...]

2019-02-08T21:54:21+00:00A View|

Best January for Stocks in 30 Years

Best January for Stocks in 30 Years The resilient US economy has fueled the best January for stocks in 30 years...banks and smaller companies that were among the market's laggards last quarter have helped stocks, a sign investors are favoring sectors tied to the US economy. WSJ Short Term Interest Rates Remain Unchanged Short term [...]

2019-02-08T22:26:27+00:00A View|

US Raw Steel Production 1,912,000 Tons Week of 1/19/2019

US Raw Steel Production 1,912,000 Tons Week of 1/19/2019 US raw steel production 1,912,000 tons the week of 1/19/2019 as mills operated at an ACUR of 80.7%. In the like period Las year, mills operated at an ACUR of 73.6%. US Drill Rigs Running 1050 There are 1050 drill rigs running in the US, down [...]

2019-01-25T18:11:31+00:00A View|

Small Business Optimism Drops Again

Small Business Optimism Drops Again in December Small business optimism drops again in December. According to the National Federation of Independent Business (NFIB) the Small Business Optimism index fell 0.4 point in December, marking its fourth consecutive drop. The bulk of the drop was in expectations for the economy, likely reflecting fallout from the stock [...]

2019-01-11T20:43:47+00:00A View|

Chicago Business Barometer Signaled Expansion 33 Consecutive Months

Chicago Business Barometer Signaled Expansion 33 Consecutive Months The MNI Chicago Business Barometer surged to an eleven month high in November, up 8 points from October. The months result, sitting above the neutral 50-mark, means the Barometer signaled expansion 33 consecutive months. Driving the November increase were soaring orders and higher output. After easing in [...]

2018-12-03T15:20:10+00:00A View|

The USMCA Impact on US Economy

The USMCA Impact on US Economy As part of an investigation into the USMCA impact on US economy, representatives from both the American Iron & Steel Institute (AISI) and the Steel Manufacturers Association (SMA) said the proposed NAFTA replacement would provide benefits to the US steel industry and to the US economy in general. The deal encourages [...]

2018-11-26T19:33:24+00:00A View|