Economy

SMU Note: Survey Data Release
Written by Brett Linton
October 24, 2014
A note to our Premium members- our survey data will be published on the SMU website by 3 PM today. It can be accessed under the Analysis Tab through the Survey Results menu. We recently added a menu option within the Survey Results section to include a history of past survey results.
If you need help logging in or navigating the website, contact is at info@SteelMarketUpdate.com or (800) 432 3475.

Brett Linton
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Chicago Business Barometer falls back in April, remains in contraction
The Chicago Business Barometer declined in April, reversing March’s gains, according to Market News International (MNI) and the Institute for Supply Management (ISM).

Fewer manufacturers optimistic about the economy
PMA’s April report shows that only 16% of surveyed manufacturers anticipate an increase in economic activity in the next three months (down from 23% in March)

Architecture billings continue to slide in March
Architecture firms said billings continued to decline in March, according to the latest Architecture Billings Index (ABI) released by the American Institute of Architects (AIA) and Deltek.

Beige Book shows concerns about trade policy
Manufacturing was mixed, but two-thirds of districts said activity was little changed or had declined.

New York state manufacturing index drops again in April
Firms were pessimistic, with the future general business conditions index falling to its second lowest reading in the more than 20-year history of the survey