Manufacturing up 3.7% Over Last Year

Total Industrial Production rebounded 1.0% in September following a slight 0.2% dip in August. Output for August was revised 0.1 percent lower. Manufacturing output reversed course in September rising 0.5%. The September jump in total production was the largest increase in 22 months but looking beneath the headlines, half the advance can be accounted for [...]

2014-10-17T20:56:21-04:00A View|

Steel is Power

U.S. BACKBONE OF STEEL HAS TURNED BRITTLE “Steel is power. Any nation that expects to project strength and resolve must produce steel. Throughout US history steel has been an irreplaceable underpinning of our economic and military might. It’s why Abraham Lincoln insisted on building steel plants to supply the biggest infrastructure project of his time: [...]

2014-10-12T13:30:28-04:00A View|

US Job Growth Rebounds

“US job growth rebounded in September and the jobless rate fell below 6% for the first time since mid-2008 suggesting the labor market is improving faster than previously thought.” Wall Street Journal From the Bureau of Economic Analysis (BEA): Personal income increased 0.3 percent and disposable personal income increased 0.3 percent in August. The Texas [...]

2014-10-06T13:28:56-04:00A View|
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