SMU Data and Models
October 4, 2018
SMU Steel Buyers Sentiment Index: Numbers Inch Up
Written by Tim Triplett
The attitudes of steel buyers and sellers, as measured by this week’s SMU Steel Buyers Sentiment Index questionnaire, are slightly more optimistic than they were last month.
The goal of the index is to measure how buyers and sellers of steel feel about their company’s ability to be successful today (Current Index), as well as three to six months into the future (Future Index). Results are posted as both a single data point and as a three-month moving average, which smooths out the numbers and provides a clearer view of the trend.
