August 2019

Architectural Billings Index

2019-10-09T14:32:46+00:00

July’s ABI national overall score of 50.1 was up 1.0 point from June’s 49.1, which is slightly over the expansionary zone, (>50). U.S. architecture firms reported increasing firm billings for the month is just slightly higher than the share that reported decreasing billings. Overall, this six-month stretch is one of the longest periods of essentially [...]

Architectural Billings Index2019-10-09T14:32:46+00:00

U.S. Service Center Shipments

2019-08-29T19:43:52+00:00

On a three month moving average, (3MMA) basis, July total carbon steel shipments averaged 134,200 tons per day, compared to 152,200 tons per day in July 2018 (-11.8 % year on year, YoY). Figure 1 shows percentage change results for shipments, daily intake and inventory level. In all cases the percentage change references 3MMA y/y. [...]

U.S. Service Center Shipments2019-08-29T19:43:52+00:00

U.S. Industrial Production

2019-08-20T18:47:56+00:00

The July Industrial production, (IP) report decreased slightly (0.2%) MoM for the month at 109.2. On a year on year, (y/y) basis, the IP index was up 1.2%. Industrial production is a pure measure of output, untainted by the effects of price swings, in the industrial part of the U.S. economy. Every month, the Federal [...]

U.S. Industrial Production2019-08-20T18:47:56+00:00

Oil and Gas Rotary Rig Counts

2019-08-20T18:00:36+00:00

The total number of operating rigs in the U.S. the week as of August 16th was 770 oil and 165 gas (totaling 935). In percentage terms, on a month on month, (m/m) basis, oil rigs were down 1.2% and gas down 5.2%. On a year on year, (y/y) comparison, rigs were down 11.4% for oil [...]

Oil and Gas Rotary Rig Counts2019-08-20T18:00:36+00:00

U.S. Manufacturing Capacity Utilization

2019-08-20T19:07:58+00:00

Manufacturing capacity utilization (MCU), scored a 75.4% in July, down 0.6% month on month (m/m), and down 0.4% year on year (y/y) Figure 1, charts capacity utilization from 2000 to present. The MCU index is currently in the green zone which is considered to be ideal. After a long run at the bottom of the [...]

U.S. Manufacturing Capacity Utilization2019-08-20T19:07:58+00:00

U.S. Steel Capacity Utilization

2019-08-13T21:28:25+00:00

The total tonnage for the week ending August 10th was 1,867 million tons, (Mt) at a capacity utilization rate of 80.2%. The year to date tonnage output is 60,710 Mt, at an average capacity utilization rate of 81.4%. In 2018, the same output total was 56,769 Mt at 75.9%. ­­Figure 1 shows production on the [...]

U.S. Steel Capacity Utilization2019-08-13T21:28:25+00:00

ISM Manufacturing Index

2019-08-20T18:14:26+00:00

The Institute of Supply Management’s Index moved down 0.5 points on month, (m/m) to 51.2 for July 2019. This value is an encouraging sign for the manufacturing sector.  The index has been greater than 50, (>50 = expansion) for thirty-five consecutive months. The new orders sub-index scored a 50.8.  Overall, the ISM manufacturing index is strong [...]

ISM Manufacturing Index2019-08-20T18:14:26+00:00

ISM Non-Manufacturing Index

2019-08-20T18:26:18+00:00

The Institute for Supply Management’s non-manufacturing composite index decreased by 1.4 points month on month, (-3.2% MoM) to 53.7 in July. The ISM nonmanufacturing survey measures the rate and direction of change in activity in nonmanufacturing industries. Surveys are sent to more than 370 purchasing managers in 17 industries. Survey responses reflect the change in [...]

ISM Non-Manufacturing Index2019-08-20T18:26:18+00:00

U.S. Steel Merchant Final Imports

2019-08-20T20:02:23+00:00

Merchant final imports to the U.S. came in at 23,302 tons in June 2019, down 8.0% month over month (MoM), and up 9.5% year over year (YoY) Figure 1 further breaks down total final merchant imports from January 2018 – June 2019. When comparing year to date figures from 2018 and 2019. Figure 1 also [...]

U.S. Steel Merchant Final Imports2019-08-20T20:02:23+00:00

U.S. Manufacturing Capacity Utilization

2019-08-06T13:20:49+00:00

Manufacturing capacity utilization (MCU), scored a 75.87% in June, up 0.3% month on month, (m/m), its second monthly increase for the year. On a year on year (y/y) comparison the MCU was a modest 0.44%. Manufacturing fundamentals continue to improve. Both the U.S. and global economy are strengthening and at the same time, the dollar [...]

U.S. Manufacturing Capacity Utilization2019-08-06T13:20:49+00:00