February 2020

Advanced Durable Goods Orders


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


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


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)


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