The U.S. Census Bureau reported that; new orders for durable goods orders decreased by 0.2% month on month, (m/m) in August, following the 2.0% increase in July. The always-volatile nondefense aircraft orders, increasing 30.3% m/m and down 3.5% y/y influenced this trend significantly. The Advance Report on Durable Goods (DG), provides statistics on manufacturers' value [...]
August’s ABI national overall score of 47.2 was down 2.9 points from July’s 50.2, which is slightly under the expansionary zone, (>50). U.S. architecture firms specializing in commercial and industrial facilities likewise reported a drop in design activity in August, coming on the heels of a significant downturn in July. Firms concentrating in the multifamily [...]
On a three month moving average, (3MMA) basis, August total carbon steel shipments averaged 139,500 tons per day, compared to 153,300 tons per day in August 2018 (-9.0 % 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. [...]
Manufacturing capacity utilization (MCU), scored a 75.7% in August, up 0.4% 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 [...]
The total tonnage for the week ending September 14th was 1,811 million tons, (Mt) at a capacity utilization rate of 77.9%. The year to date tonnage output is 69,983 Mt, at an average capacity utilization rate of 81.1%. In 2018, the same output total was 64,240 Mt at 76.3%. Figure 1 shows production on the [...]
Merchant final imports to the U.S. came in at 28,228 tons in July 2019, up 21.6%% month over month (MoM), and up 19.4% year over year (YoY) Figure 1 further breaks down total final merchant imports from January 2019 – July 2019. When comparing year to date figures from 2018 and 2019, July 2018 imports [...]
Rebar final imports to the U.S. came in at 93,102 tons for the month of July 2019. Rebar imports include: concrete reinforcing bars and rods of iron or non-alloy steel, in irregularly wound coils hot-rolled, concrete reinforcing bars and rods of other alloy steel, not further worked than hot-rolled, hot-drawn or extruded, and other bars and [...]
Beam final imports came in at 36,245 tons for July 2019, up 8.5% Mom. These include: Angles, Shapes and H Sections, Angles, Shapes and I Sections, Angles H Sections Iron and Non-Alloy Steel Hot-rolled, and Other H Sections. Figure 1 further breaks down total final beam imports from January 2019 – June 2019. When comparing [...]
The Institute for Supply Management’s non-manufacturing composite index increased by 2.7 points month on month, ( up 5.0% MoM) to 56.4 in August. 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 [...]
The Institute for Supply Management’s non-manufacturing composite index increased by 2.7 points month on month, (+5.0% MoM) to 56.4 in August. 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 [...]
