The Gerdau Market Update tracks and analyzes over 100 data streams that affect long steel consumption, attempting to provide the latest on market trends. Below, you will find the most recent information about Macroeconomics, Steel Econometrics, Construction and Manufacturing as it becomes available.

Producer Price Index for Construction

December 13th, 2017|Comments Off on Producer Price Index for Construction

The November Bureau of Labor Statistics producer prices index, (PPI) for all commodities was up 0.5%, (m/m). On a 12 month year on year, (y/y) comparison, the all commodities PPI rose 4.4%. The all commodities [...]

Employment by Industry

December 12th, 2017|Comments Off on Employment by Industry

The economy created 228,000 jobs in November, much higher than the year to date monthly average of 173,000. The total number of seasonally adjusted (SA), non-farm people employed in the U.S. in November was 147.241 [...]

U.S. Infrastructure Spending

December 12th, 2017|Comments Off on U.S. Infrastructure Spending

Referencing data from the U.S. Census Bureau’s construction put-in-place (CPIP) shows that total infrastructure spending, (not seasonally adjusted in constant 2009 dollars) decreased by 4.4% three months year on year, (y/y) to $51.8 billion, (B). [...]

Job Turnover and Openings Report

December 12th, 2017|Comments Off on Job Turnover and Openings Report

Another excellent way to access the strength of the job market is via the monthly JOLT report from the Bureau of Labor Statistics. Job openings were little changed at 6.0 million on the last business [...]

Employment: Continuous and New Jobless Claims

December 9th, 2017|Comments Off on Employment: Continuous and New Jobless Claims

The U.S. labor market continues to perform well. Continuous claims as well as new claims for unemployment insurance benefits remain at historic lows. Seasonally adjusted (SA), continuous claims stood at 1.96 million, (M) on November [...]

Dodge Momentum Index

December 9th, 2017|Comments Off on Dodge Momentum Index

After a big decline in September, the Dodge Momentum Index has rebounded 33.9 points or 29.3% over the past two months, 15.7 points in October and 18.2 points in November. The index now boosts its [...]