The Chicago Fed National Activity Index (CFNAI) Released Monday morning, it moved up to -0.17 in May from -0.19 in April. Two of the four broad based categories of indicators that make up the index increased from April, but only the employment, unemployment and hours category made positive contribution to the index in May. The [...]
The Conference Board Leading Economic Index Confirms a Positive Outlook Released on 6/18, the Leading Economic Index (LEI) for the US increased 0.7 percent in May following a 0.7 percent April increase and a 0.4 percent increase in March. Increasing sharply again in May, the Leading Economic Index confirms a positive outlook for more economic [...]
US Raw Steel Production Rose Last Week US raw steel production rose 1.3 percent last week as mills operated at an ACUR of 72.8 percent. In the corresponding week last year mills operated at an ACUR of 78.5 percent. Thus far this year mills have operated at an ACUR of 72.3 percent down from77.3 percent [...]
Tomorrow brings the anniversary of D-Day, the invasion of Europe on the beaches of Normandy (6/6/44). I give thanks for our freedom and prayers for those brave men and women who gave there all serving our country with valor during those many dark days. The Institute for Supply Management Report on Business for May 2015 [...]