U.S. Steel Mill Shipments and Domestic Consumption of Long Products*

For the 12 months ending October 2017, U.S. mill shipments of long products increased by 6.6% year on year, (y/y). U.S. domestic consumption of long products increased by 3.2% over the same timeframe. Import share of long products averaged 20.1% over the past 12 months, down from 22.6% for the 12 months ending October 2016. [...]

Portland Cement Shipments

U.S. cement consumption fell in September to 9.32 million, (Mt) short tons from August’s strong volume of 10.27Mt. For the three months total (3MMT), ending September, national Portland cement shipments were flat year on year (y/y), basis at 28.55Mt. Six of the nine census regions posted higher 3MMT cement shipments y/y. Figure 1 shows the three [...]

Consumer Confidence

Consumer confidence soared again in November as the Conference Board Consumer Confidence Composite Index rose 3.3 points to 129.5 to reach its highest level in 17 years. This make five monthly increases in a row. The composite index three month moving average, (3MMA) measured 125.4, up 3.0 points month on month (m/m). On a year [...]

U.S. Manufacturing Capacity Utilization

Manufacturing capacity utilization advanced by 0.9 index points to reach its highest level since June 2008. Capacity utilization for manufacturing was 76.4% in October, a rate that is 2.0 percentage points below its long-run average. Utilization for durables increased 0.2 percentage point to 75.7%, while the rate for nondurables rose 1.7 percentage points to 78.1%. The operating rate [...]

Automotive Sales

Data from the Bureau of Economic Analysis (BEA), shows that total light (cars and light truck/SUVs), vehicle sales in September were at a seasonally adjusted annual rate, (SAAR) of 18.918 million (M), units, up 2.464 M units or up 15.0% from August. On a three month moving average (3MMA), basis, sales were tracking at 17.489M, [...]