Chicago Business Barometer Rose 7 Points

Chicago Business Barometer Rose to Its Highest Level Since January 2015 The MNI Chicago Business Barometer rose 7.0 points in November, its highest level since January 2015. The increase added momentum to the fourth, four of the five Barometer components increased with only Employment falling. Midwest Economy Index Deceased Slightly The Midwest Economy Index (MEI) [...]

2016-12-30T11:43:17-05:00A View|

SBQ Prices Gained

Special Bar Quality - SBQ prices gained some $40 per ton for January shipment following this month’s rise in No. 1 busheling prices in Chicago, market participants said. Still no base price increases were reported in the market with SBQ tags continuing to ride scrap adjustments. Nonetheless some optimism in the market bodes well for [...]

2016-12-23T15:55:29-05:00A View|

Overall Economy Grew in November

Overall Economy Grew for the 90th Consecutive Month The Institute for Supply Management (ISM) released its November Report on Business: economic activity in the manufacturing sector expanded in November and the overall economy grew for the 90th consecutive month, say the nation's supply executives in the latest report. The November PMI registered 53.2 percent, an [...]

2016-12-02T09:50:57-05:00A View|
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