us raw steel production

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July Retail Sales Surpassed Expectations

July Retail Sales Surpassed Expectations July retail sales surpassed expectations. Rising 0.7 %, gains were broad-based with ten of the thirteen categories seeing an increase in sales over the month. Wells Fargo US Drill Rigs Running Down From Previous Count There were 934 drill rigs operating in the US last week, down 8 rigs from [...]

2019-08-19T17:30:03+00:00A View|

Consumer Sentiment Remains Elevated

Consumer Sentiment Remains Elevated At 98.4, consumer sentiment remains elevated. Confidence has been resilient in the face of trade uncertainty and could be a concern going forward. Personal finances were a bright spot in this month's report. Texas Manufacturing Outlook Survey Reports Factory Activity Continued to Expand in July The Federal Reserve Bank of Dallas [...]

2019-08-07T16:43:20+00:00A View|

General Business Conditions Index Largest Monthly Decline on Record

General Business Conditions Index Largest Monthly Decline on Record The headline general business conditions index largest monthly decline on record plummeted twenty-six points in June, according to the Federal Reserve Bank of New York Empire State Manufacturing Survey for June 2019 and business activity took a sharp downturn, according to firms responding to the survey. [...]

2019-06-24T17:07:34+00:00A View|

LEI Increased 3 Consecutive Months

LEI Increased 3 Consecutive Months The LEI increased 3 consecutive months, according to the Conference Board Leading Economic Index (LEI) for the US, which showed an increase of 0.2 percent in April following a 0.3 percent increase in March and a 0.2 percent increase in February. The US LEI rose in April, the third consecutive [...]

2019-05-29T12:30:01+00:00A View|

Hourly Wages Grew 3.2% from a Year Earlier

Hourly Wages Grew 3.2% from a Year Earlier Hourly wages grew 3.2% from a year earlier, as hiring in the US sprang back in March and the unemployment rate remained at a historically low level, underscoring that the labor market remains a source of strength for the economy.  Non-farm payrolls increased a seasonally adjusted 196,000 [...]

2019-04-05T20:56:08+00:00A View|

Manufacturing Conditions Improved in March

Manufacturing Conditions Improved in March The Federal Reserve Bank of Philadelphia released its March 2019 Manufacturing Business Outlook Survey and reports manufacturing conditions improved in the region this month. The indicators for general activity, new orders and shipments returned to positive territory while the employment indicator remained positive. US Raw Steel Production ACUR 82.9% In [...]

2019-03-25T17:51:32+00:00A View|

Non-Manufacturing Index Bounced Back

Non-Manufacturing Index Bounced Back 3 Points The Institute for Supply Management (ISM) Non-Manufacturing Index bounced back three points in February. The stronger-than-expected reading suggests that the service sector continues to expand at a solid rate. Wells Fargo New Home Sales Rose in December New home sales rose in December although downward revisions to the data [...]

2019-03-15T20:03:32+00:00A View|