Steel Products
August 22, 2013
Key Market Indicators August 23, 2013
Written by Peter Wright
An explanation of the Key Indicators concept is given at the end of this piece for those readers who are unfamiliar with it. The SMU Key Market Indicators and Analysis will become part of the new Premium membership when the new SMU website comes up in September.
The total number of indicators considered at present is thirty six, an increase of one from last month when the Chicago Fed Mid Western Manufacturing Index was added. The present situation of ten of the indicators based on historical standards was positive on August 23rd and twelve were negative; the same as last month. The CFMWMI came in at neutral.
