U.S. raw steel production

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CFNAI Edged up in January to +0.13

The CFNAI Edged Up in January Led by improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI) edged up in January to +0.13 from -0.07 in December. The index’s three month moving average (CFNAI-MA3) ticked down to +0.33 in January from +0.34 in December. January’s CFNAI-MA3 suggests growth in national economic activity was [...]

2015-02-28T00:36:59+00:00A View|

Steel Production at Lowest Level This Year

US raw steel production ... declined 0.7 percent last week to its lowest level this year as mills operated at an average capability utilizatio0n rate (ACUR) of 74.8 percent. In the corresponding week last year mills operated at an ACUR of 75.8 percent. Thus far this year mills have operated at an ACUR of 76.9 [...]

2015-02-16T19:47:42+00:00A View|

Overall Economy Grew: 66th Consecutive Month

The Institute for Supply Management | Report On Business for November Issued on Monday this week: economic activity in the manufacturing sector expanded for the eighteenth month in November and the overall economy grew for the 66th consecutive month say the nations supply executives. The report was issued by Bradley J. Holcomb, CPSM, CPSD, chair [...]

2014-12-05T16:56:02+00:00A View|

U.S. Raw Steel Output at Highest Weekly Level Since June 2012

Raw Steel Output Rose 1.4% Last Week to an ACUR of 79.8% Chicago Fed National Activity Index (CFNAI) The CFNAI released on Monday reports: Led by slower growth in production related indicators, the CFNAI edged down to +0.12 in June from +0.16 in May. The index’s 3 month moving average (CFNAI-MA3), decreased to +0.13 in [...]

2014-08-01T21:10:35+00:00A View|

U.S. Raw Steel Production Drops 1.1%

US raw steel production ... dropped back 1.1 percent last week as mills operated at an Average Capability Utilization Rate (ACUR) of 76.5 percent. In the corresponding week last year mills operated at an ACUR of 76.2 percent, according to the American Iron & Steel Institute, Washington. Thus far this year mills have operated at [...]

2014-03-14T20:46:25+00:00A View|

U.S. Raw Steel Production Edged Down

The Seattle Seahawks spanked the Denver Bronco’s in Super Bowl 48 yesterday evening 43-8. Nothing more to say about that one…. President Barack Obama was interviewed prior to the game by Fox News’ Bill O’Reilly. Mr. O’Reilly asked pointed questions about Benghazi, the IRS, why Sibelius has not been fired etc., you know, all the [...]

2014-02-08T15:15:34+00:00A View|

Poised to become the world’s largest producer of oil & natural gas

Welcome to the View, we have much on our plate this week so let’s roll: From the Federal Reserve Bank of Chicago The Midwest Economy Index (MEI) increased in August over July. The relative MEI rose to +0.73 in August from +0.45 in July. Augusts’ from Augusts’ value for the relative MEI indicates that Midwest [...]

2013-10-06T15:09:16+00:00A View|