February 2020

U.S. Manufacturing Capacity Utilization

2020-02-28T18:36:02+00:00

U.S. Manufacturing Capacity Utilization: Manufacturing capacity utilization (MCU), scored a 75.1% in January, down 0.1% month on month (m/m), and down 2.1% year on year (y/y) Figure 1 charts capacity utilization from 2009 to present. The MCU index is currently in the green zone which is considered to be ideal. After a long run at [...]

U.S. Manufacturing Capacity Utilization2020-02-28T18:36:02+00:00

ISM Non-Manufacturing Index

2020-02-25T17:54:12+00:00

ISM Non-Manufacturing Index: The Institute for Supply Management’s non-manufacturing composite index decreased by 0.5 points month on month, (0.6% MoM) to 55.5 in January. The ISM nonmanufacturing survey measures the rate and direction of change in activity in nonmanufacturing industries. Surveys are sent to more than 400 purchasing managers in 19 industries. Survey responses reflect the [...]

ISM Non-Manufacturing Index2020-02-25T17:54:12+00:00

Oil and Gas Rotary Rig Counts

2020-02-21T14:56:17+00:00

The total number of operating rigs in the U.S. the week as of February 14th was 678 oil and 110 gas (totaling 788). In percentage terms, on a month on month, (m/m) basis, oil rigs were up 1.0% and gas down 8.3%. On a year on year, (y/y) comparison, rigs were down 20.9% for oil [...]

Oil and Gas Rotary Rig Counts2020-02-21T14:56:17+00:00

Advanced Durable Goods Orders

2020-02-19T15:54:47+00:00

The U.S. Census Bureau reported that; new orders for durable goods orders increased by 2.4% month on month, (m/m) in December, following the 3.1% decrease in November. The always-volatile nondefense aircraft orders, decreasing 74.7% m/m and down 41.6% y/y influenced this trend significantly. The Advance Report on Durable Goods (DG), provides statistics on manufacturers' value [...]

Advanced Durable Goods Orders2020-02-19T15:54:47+00:00

Architectural Billings Index

2020-02-14T20:23:32+00:00

December ABI national overall score of 52.5 was up 0.6 points from November’s 51.9, which is slightly over the expansionary zone, (>50). U.S. architecture firms specializing in commercial and industrial facilities likewise reported an increase design activity in December, coming on the heels of a significant upturn in November. Firms concentrating in the multifamily either [...]

Architectural Billings Index2020-02-14T20:23:32+00:00

U.S. Service Center Shipments

2020-02-14T19:05:09+00:00

On a three month moving average, (3MMA) basis, December total carbon steel shipments averaged 115,400 tons per day, compared to 126,000 tons per day in December 2018 (-3.8 % year on year, YoY). Overall carbon steel inventory is down 14.0% YoY. Figure 1 shows percentage change results for shipments, daily intake and inventory level. In [...]

U.S. Service Center Shipments2020-02-14T19:05:09+00:00

Construction Put-in-Place, (CPIP)

2020-02-05T20:59:46+00:00

Total U.S. construction spending continued to perform well in December 2019, especially in the state and local sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that December’s twelve month total, (12MT) construction expenditures grew by 5.7% year on year (y/y), to $1371.2 billion (B). On a 12MT basis, private expenditures advanced 4.5% [...]

Construction Put-in-Place, (CPIP)2020-02-05T20:59:46+00:00