U.S. Industrial Production

After six consecutive monthly gains, the Industrial production declined 0.9% month on month, (m/m) in August. Early indications are that hurricane Harvey’s impact reduced the score by 0.75 percentage point. Manufacturing industries most effected by the wind and flooding damage include; petroleum refining, organic chemicals and plastics and resins. Mining output slowed by 0.8% in [...]

US Steel Mill Shipments and Domestic Consumption of Long Products

For the 12 months ending August 2017, US mill shipments of long products* increased by 2.9%. US domestic consumption of long products increased by 0.9% over the same timeframe. Import share of long products averaged 21.1% over the past 12 months, down 1.5% year on year, (y/y). Table 1 presents data for long product steel [...]