Economy
February 28, 2023
Written by Becca Moczygemba
Demand for services from US architecture firms declined for the fourth consecutive month in January, according to the latest report from the American Institute of Architects (AIA).
The January monthly AIA Architecture Billings Index (ABI) score of 49.3 reflects a small increase over December’s 47.5 but remains below 50.
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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).