China Domestic Prices

Long product prices rose a fraction for all product groups for the week ending April 26th according to China Metals Weekly (CMW). However, on a month on month (m/m) long product prices were down across the board ranging from 9.9% for 16# channel to 10.5% for 20mm rebar. Merchant products and beams were down 10.1% [...]

Consumer Confidence

The Conference Board Consumer Confidence Composite index fell back 4.6 points in April to 120.3 points. Despite the decline the index remains at an elevated level.  On a three month moving average (3MMA) basis, the confidence index scored 120.4, its highest level since January 2001. Consumers feel good about the current state of economy and [...]

Employment by Industry

The total number of seasonally adjusted non-farm people employed in the US in March 2017 was 145,858, million (M). This figure increased by of 98,000 month on month (0.10%).  Within the private sector there were 123,540 M workers employed, up 1.6% year on year (y/y) and up 0.07% y/y. Table 1 presents BLS data on the [...]