Industrial Insight

Steel production is recovering

November 25, 2014
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Steel production is bouncing of the low point but not recovered.

November 18, 2014
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Steel production flat and low

November 12, 2014
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Almost as many bartenders and waiters as manufacturing workers

November 7, 2014
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MFG%20vs%20Waiters_0.jpg


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Prices….

November 6, 2014
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ABOOK Nov 2014 Prices Economy IMF Metals Long


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Steel production remains lower and fell again last week.

November 4, 2014
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Steel production slightly up from last two weeks but still lower than recently

October 28, 2014
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Steel production still off from last year

October 21, 2014
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Steel production drops again last week

October 14, 2014
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Commodity Prices

October 13, 2014
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Friday, October 10, 2014

Putting commodity prices and the dollar into perspective

JOC%2Bcomponents.jpg
The chart above shows the Journal of Commerce Commodity Index, along with its major subcomponents. Each is indexed to 100 as of the date in late 2001 that commodity prices reached a multi-decade low. Oil and metals prices have both risen by about the same amount, whereas miscellaneous commodities (e.g., hides, rubber, tallow, plywood, red oak) have risen only modestly, and textiles have hardly risen at all. In aggregate, the commodity complex is still trading at relatively high levels compared to just over a decade ago.


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