#MetalMarketUpdate – February ’22
The ISM Manufacturing Index (PMI) slipped a bit in January, declining from December’s 58.8 mark to a reading of 57.6. This still marks the 20th consecutive month of expansion in the overall…
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#METALMARKETUPDATE – JANUARY ’22
The ISM Manufacturing Index (PMI) registered a 58.7 reading in December, a decline from November’s 61.1. Comments from manufacturers indicate a continued high demand environment constrained by persistent supply chain disruptions,…
#METALMARKETUPDATE – DECEMBER ’21
November saw the ISM Manufacturing Index (PMI) remain healthy, improving to a 61.1 level, slightly above the October reading of 60.8. New orders, production, and employment measures all expanded in November. The…
#METALMARKETUPDATE – NOVEMBER ’21
The ISM Manufacturing Index (PMI) retreated slightly in October, registering a 60.8 reading compared to September’s 61.1. This still marks the 17th consecutive month of growth, despite the slight drawback. The October reading…
#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…
#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…
