Manufacturers Anticipate Robust Business Conditions During the Next Six Months The Federal Reserve Bank of Richmond released its Fifth District Survey of Manufacturing activity and reports that manufacturing activity expanded in March. Both shipments and the volume of new orders increased…Manufacturers anticipate robust business conditions during the next six months. Chicago Fed National Activity Index [...]
US Raw Steel Production Rose 2.9% Last Week US raw steel production rose 2.9 percent last week as mills operated at an ACUR of 73.6 percent. In the corresponding week last year mills operated at an ACUR of 67.7 percent. On the year mills have produced approx. 18,000,000 tons of steel at an ACUR of [...]
The Chicago Business Barometer Declined Sharply in February The Chicago Business Barometer declined sharply in February after a sharp increase in January, led a significant declines in Production and New Orders. Four of the five Barometer components declined between January and February. Firms continued to draw down stocks in February with Inventories remaining in contraction [...]