April 2020

Architectural Billings Index


Architectural Billings Index: March ABI national overall score of 33.3 was down 20.1 points from February’s 53.4, which is slightly over the expansionary zone, (>50). U.S. architecture firms specializing in commercial and industrial facilities likewise reported a decrease design activity in March, coming on the heels of a significant upturn in February. Firms concentrating in [...]

Architectural Billings Index2020-04-29T20:31:20+00:00

August 2019

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

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% [...]

Construction Put-in-Place, (CPIP)2019-07-17T16:27:32+00:00

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 [...]

ISM Manufacturing Index2018-06-05T15:46:35+00:00

March 2018

U.S. Reinforcing Steel Import Licenses


Rebar licenses year to date, (YTD) through March 13th totaled 166,793 tons, 70% lower than the YTD 2017 level of 559,720 tons. So far in March, only 1,058 tons have been licensed, 97% of it from Mexico. For reference the YTD license volume in 2016 was 509,442. Straight lengths accounted for all but 36 tons [...]

U.S. Reinforcing Steel Import Licenses2018-03-16T20:42:42+00:00

January 2018

U.S. Industrial Production


Industrial production, (IP) moved-up 0.9% in December, month on month, (m/m) besting the analysts’ consensus forecast. However, November’s IP overall index score was revised down to from +0.2% to -0.1%. On a year on year, (y/y) basis, the IP index was up 2.8%. Manufacturing was one of the industrial groups highlighted as making a solid [...]

U.S. Industrial Production2018-01-17T20:32:22+00:00

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 [...]

Fabricated Beam Imports2018-01-10T21:42:59+00:00

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 [...]

Portland Cement Shipments2018-01-10T22:13:52+00:00

­­­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 [...]

­­­Construction Put-in-Place2017-12-05T14:57:56+00:00

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 [...]

Global Crude Steel Production and Capacity Utilization2017-11-30T14:49:39+00:00