Economy
May 8, 2018
Written by Sandy Williams
The manufacturing sector can expect positive growth through the end of 2018, predicts the Institute for Supply Management in its Spring 2018 Semiannual Economic Forecast.
Manufacturing revenue is expected to increase 6.6 percent overall for 2018, an increase from the December 2017 estimate of 5.1 percent for this year.
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To kick off the official sessions of the 2023 Steel Summit, Dr. Anirban Basu, chairman and CEO of the Sage Policy Group, focused on the broader context in which steel prices are set, outlining major factors currently shaping economic outcomes in our country.
Mexico has decided to implement import tariffs on a number of products, among them, steel.
As mortgage rates continue to rise and housing demand slows, builder confidence is waning. A drop in July housing starts was the first in seven months.
Economic activity in the US manufacturing sector contracted for the ninth month in a row in July, according to the latest report on business from the Institute for Supply Management (ISM).