North American Steel Output Increased North American steel output increased by 4.9% year on year in March to 10.29 million tons. Steel production in the USA inched up by 5.3% year on year to 7.26 million tons. AMM Global crude steel production rose by 4% year on year in March, partly attributed to Chinese production. [...]
Industrial Production Rose 0.5 Percent in March Industrial production rose 0.5 percent in March. Utilities accounted for more than half the gain but mining and manufacturing, led by autos, also expanded. Wells Fargo April 2018 Empire State Manufacturing Survey Reports Solid Growth The Federal Reserve Bank of New York released its April 2018 Empire State [...]
Small Business Optimism Slipped in March Small business optimism slipped 2.9 points to 104.7 in March following February's strong reading, which was the second highest in series history. Earnings and compensation trends were notable bright spots in the report. Higher worker compensation was reported by a net 33% of respondents, which is the highest level [...]
Midwest Economic Index Up in February The Midwest Economic Index up in February to +0.44 from +0.34 in January. Three of the four broad sectors of non-farm business activity and three of the five Seventh Federal Reserve District states increased from January. March 2018 Manufacturing ISM Report on Business: Overall Economy Grew for 107th Consecutive Month [...]
