Caterpillar Sales and Profit Forecast Raised Caterpillar sales and profit forecast raised as demand for construction and mining equipment has grown. WSJ Real Gross Domestic Product (GDP) Increased at an Annual Rate of 3.0 Percent Real Gross Domestic Product (GDP) increased at an annual rate of 3.0 percent in the third quarter of 2017, according [...]
US Raw Steel Production Rebounded Last Week US raw steel production rebounded 2.1% last week as mills operated at an ACUR of74.4%. In the corresponding week last year mills operated at an ACUR of 70.8%. Thus far this year mills have produced prox 70,000,000 tons compared to the prox 67,000,000 tons produced in the [...]
Order Backlogs at 29 Year High A marked rise in Order Backlogs at 29 year high, was among the month’s highlights. The Chicago Business Barometer rose to 65.2 in September, up from 58.9 in August, hitting the highest level in more than three years. Optimism among firms about business conditions was bolstered in September [...]
