Economy
November 16, 2018
Written by Tim Triplett
By Lisa Morrison, CRU Principal Economist
As of Nov. 15, with votes still to be counted in some districts, the Democrats had won 230 seats, and Republicans 199 seats, in the House of Representatives, where 218 of 435 seats constitutes a majority.
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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).