A VIEW FROM THE TOP
Summit Steel President Ross Bushman offers a weekly summary of data and observations regarding the metals industry news, market conditions and their global and domestic impact.
Feel free to contact Ross with your thoughts or comments.
LATEST VIEWS
Industrial production fell more than expected in May Industrial production fell more than expected in May, said the Federal Reserve on Tuesday. Overall producti[...]
Chicago Business Barometer Slipped in April The Chicago Business Barometer slipped 3.0 points to 44.6 in April. This more than reverses March’s 2.1 point rise,[...]
CFNAI decreased in April CFNAI decreased in April. The Chicago Fed National Activity Index (CFNAI) decreased to -0..25 in April from +0.03 in March. Three of th[...]
CPI-U increased 0.2% The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis in April after falling 0.1 pe[...]
Interest rates unchanged Interest rates unchanged at 4.25-4.5% per the Federal Reserve and, according to Powell, they are waiting for the tariff dust to settle [...]
Third straight month decline in manufacturing activity Third straight month decline in manufacturing activity in April 2025, per the Institute for Supply Manage[...]
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