Growth of US GDP Q1 2017

The annualized Gross Domestic Product (GDP), growth rate in the third estimate of the first quarter (Q1), of 2017 was revised upwards to 1.4%. This was a 0.2 point upward revision from the first estimate and a 0.7 point upward revision from the dismal 0.7% first estimate. The largest drivers were durable goods spending and [...]

Currency Report

The US dollar (USD) has declined in value against the seventeen steel trading nations that we track. Of these 17, 12 have gained against the dollar over the past three months, 10 over the past month. Looked at over a one year period, the dollar has lost ground against 9 of the 17. The dollar [...]

U.S. Infrastructure

The American Society of Civil Engineers (ASCE) issues a report card on the health of infrastructure in America on a four year cycle. The 2017 report was just released and the overall score was “D+” on an A to F scale, the same score as the previous report. There are 16 categories that the ASCE [...]