March 2018

Architectural Billings Index

February’s ABI national overall score of 52.0 was down 2.7 points from January’s 54.7 but still well into the expansionary zone, (>50). U.S. architecture firms with emphasis on multifamily and/or institutional specialization reported exceptional strong billings. Regionally activity was especially strong in the West and Midwest. The new projects inquiry index came in at 62.4, [...]

U.S. Service Center Shipments

On a three month moving average, (3MMA) basis, February total carbon steel shipments averaged 140,700 tons per day, climbing 4.1% year on year, (y/y). Bar and Shapes and Plate shipments led the advance, each recording double-digits percentage increases. Table 1 shows percentage change results for shipments, daily intake and inventory level. In all cases the [...]

Automotive Sales

Data from the Bureau of Economic Analysis (BEA), shows that total light (cars and light truck/SUVs), vehicle sales in January were at a seasonally adjusted annual rate, (SAAR) of 17.505 million (M), units, down 724,000 units or 4.0% from December. On a three month moving average (3MMA), basis sales were tracking at 17.867M, down 1.7% [...]