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August 2019

U.S. Manufacturing Capacity Utilization


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


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


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


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


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


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

Architectural Billings Index


June’s ABI national overall score of 49.1 was down 1.1 points from May’s 50.2, which is slightly under the expansionary zone, (>50). U.S. architecture firms with emphasis on commercial and industrial architect reported exceptional strong billings. Regionally activity was stronger in the West and South. The new design contracts index decreased by 0.6 of a [...]

Architectural Billings Index2019-08-13T21:21:48+00:00

U.S. Steel Beam Final Imports


Beam final imports came in at 33,412 tons for June 2019, down 43% Mom and up significantly YoY (120%. 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 2018 – [...]

U.S. Steel Beam Final Imports2019-08-20T20:01:40+00:00

U.S. Steel Rebar Final Imports


Rebar final imports to the U.S. were down 20% YoY, and down 5.4% MoM in March 2019, coming in at 100,866 tons. The top five account for 64% of the total intake. These 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 [...]

U.S. Steel Rebar Final Imports2019-08-20T20:01:56+00:00

Construction Put-in-Place, (CPIP)


Total U.S. construction spending continued to perform well in June 2019, especially in the state and local sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that June’s twelve month total, (12MT) construction expenditures grew by 3.3% year on year (y/y), to $1305.9 billion (B). On a 12MT basis, private expenditures advanced 1.4% [...]

Construction Put-in-Place, (CPIP)2019-08-20T20:09:42+00:00