August 2019

June 2019

Construction Put-in-Place, (CPIP)

Total U.S. construction spending continued to perform well in April 2019, especially in the state and local sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that April’s twelve month total, (12MT) construction expenditures grew by 4.5% year on year (y/y), to $1305.4 billion (B). On a 12MT basis, private expenditures advanced 2.8% [...]

June 2018

ISM Manufacturing Index

The Institute of Supply Management’s Index moved up 1.4 points month on month, (m/m) to 58.7 for May 2018. This value is an encouraging sign for the manufacturing sector. The index has been greater than 50, (>50 = expansion) for twenty-one consecutive months. The new orders sub-index scored a 63.7, its twelfth month in a row [...]

March 2018

January 2018

December 2017

Fabricated Beam Imports

For the ten months ending October 2017, beam/structural imports to the U.S. totaled 1,016,727 tons, down 1.8% compared to the same period in 2016. Imports of fabricated beam/structural are increasing at an alarming rate having more than doubled since 2011. There are four HTS codes considered in this report. These include: Bridge/Bridge Section, Fabricated Structural [...]

Portland Cement Shipments

U.S. cement shipments in October totaled 9.90 million, (Mt) short tons, up from the 9.32Mt September volume. For the three months total (3MMT), ending October, national Portland cement shipments were down slightly year on year, (y/y). Four of the nine census regions posted higher 3MMT cement shipments y/y. Figure 1 shows the three month moving average [...]

­­­Construction Put-in-Place

Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that October total construction expenditures grew by 2.2% year on year (y/y), to $1220.9 billion (B). Private expenditures advanced 6.4% y/y, while, State & Local contracted by 2.8% y/y. Non-residential CPIP increased by 3.3% y/y to $569.6B. Construction spending came-in above expectations in October at [...]

November 2017

Global Crude Steel Production and Capacity Utilization

Worldsteel Association (WSA) reports that global crude steel production totaled 145.25 million tonnes (Mt) at a capacity utilization rate, (CUR) of 73.0% in October. On a year on year, (y/y) comparison, global crude steel production in October increased by 8.73 Mt as the capacity utilization rate rose 4.5 percentage points. On a three month moving [...]