April 2018

Construction Put-in-Place, (CPIP)

2018-04-04T21:00:39+00:00

Total U.S. construction spending continued to perform well in February, especially in the public sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that January’s twelve month total, (12MT) construction expenditures grew by 3.7% year on year (y/y), to $1232.7 billion (B). On a 12MT basis, private expenditures advanced 5.5% y/y, while, State [...]

Construction Put-in-Place, (CPIP)2018-04-04T21:00:39+00:00

ISM Manufacturing Index

2018-04-03T20:15:03+00:00

The March Purchasers Manager’s Index moved down 1.5 points month on month, (m/m) to 59.3. This value is an encouraging sign for the manufacturing sector. The index has been greater than 50, (>50 = expansion) for 19 consecutive months. The new orders sub-index scored a 61.9, its tenth month in a row over 60. Overall, [...]

ISM Manufacturing Index2018-04-03T20:15:03+00:00

­­U.S. Steel Capacity Utilization

2018-04-02T20:45:33+00:00

The total tonnage for the week ending March 31st was 1,776 million tons, (Mt) at a capacity utilization rate of 76.2%. For the first 13 weeks of 2018, total tonnage output was 22,838 Mt, at an average capacity utilization rate of 75.4%. In 2017, the same 13 weeks production total was 22,551 Mt at 73.2%. [...]

­­U.S. Steel Capacity Utilization2018-04-02T20:45:33+00:00