#METALMARKETUPDATE – OCTOBER ’21
September’s ISM Manufacturing Index (PMI) improved to a 61.1 reading, slightly better than August’s 59.9. This marks the 16th consecutive month of growth in the economy. While new orders held steady and backlogs…
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#METALMARKETUPDATE – September ’21
The ISM Manufacturing Index (PMI) was fairly static month over month, registering a 59.9 reading in August compared to July’s 59.5. The good: new orders and production increased in August. The bad: the backlog…
#METALMARKETUPDATE – August ’21
Slipping just a bit in July, the ISM Manufacturing Index (PMI) came in at the 59.5 mark, compared to June’s 60.6. Manufacturers continue to struggle with broad-based shortages of materials and…
#METALMARKETUPDATE – JULY ’21
The ISM Manufacturing Index (PMI) continues to reflect a robust recovery, chiming in at a 60.6 mark, a slight decrease from May’s 61.2. Overall, the manufacturing sector is struggling to keep…
#MetalMarketUpdate – June ’21
The May ISM Manufacturing Index (PMI) continued to illustrate a strong recovery, registering a 61.2 mark, a slight increase from April’s 60.7. Remarkably, the manufacturing sector could be growing faster if…
#MetalMarketUpdate – May ’21 Newsletter
Declining slightly from March’s 64.7 reading, the April ISM Manufacturing Index (PMI) maintained a healthy 60.7 mark, still indicating solid expansion since the sharp contraction in April of 2020. Of concern, however, is the chorus…
