#MetalMarketUpdate – February ’21 Newsletter
Starting the New Year off strong, January’s ISM Manufacturing Index (PMI) registered a 58.7 mark, just under December’s 60.5. As a reminder, a reading in excess of 55 is considered exceptional. Of…
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#MetalMarketUpdate – January ’21 Newsletter
The ISM Manufacturing Index (PMI) increased to 60.7 in December, a measured increase from November’s 57.5 reading and extending the overall expansion in the economy to the 8th consecutive month. This was the fastest pace of…
#MetalMarketUpdate – December ’20 Newsletter
Activity in the manufacturing sector continued to grow in November, as evidenced by the ISM Manufacturing Index (PMI) coming in at a 57.5 reading (slightly down from October’s 59.3). Labor market difficulties continue to be…
#MetalMarketUpdate – November ’20 Newsletter
Registering a 59.3 reading, the October ISM Manufacturing Index (PMI) rose from September’s 55.4. The new orders sub-category reached the highest level in nearly 17 years, providing support for the overall…
#MetalMarketUpdate – October ’20 Newsletter
The ISM Manufacturing Index (PMI) slipped ever so slightly in September, registering a 55.4 versus the 56 recorded in August. With a reading above 50, this marks the fourth consecutive month…
#MetalMarketUpdate – May ’20 Newsletter
Continuing March’s trend, the ISM Manufacturing Index (PMI) shrunk more in April, ending at a 41.5 reading compared to March’s 49.1. The coronavirus pandemic and global energy market weakness acted…
