Economy
T'was 2 Days Before Christmas...
Written by Sandy Williams
December 22, 2014
We received this poem from one of our manufacturing customers with a sense of humor. Enjoy and Happy Holidays to each and every one of you.
T’was just 2 day’s,
Before Christmas,
When all through the market,
The mills are so quiet,
Will they hit my target?
Their stocks keep dropping,
The market’s a bear,
The mills keep crying.
“Imports aren’t fair”.
The marketing guys seem nestled,
All safe in their beds,
While visions of dropping prices,
Danced in their heads.
The mills are hiding,
Praying for a cap,
While buyers keep watching,
Low imports fall in their lap.
When on my computer,
There rose such a clatter,
Closing schedules and import offers,
More of the latter.
Away to my order book,
I flew like a flash,
But alas, my warehouse is full,
Not even room for the trash.
Happy Holidays to everyone in the steel industry. With fingers crossed we are hopeful 2015 will be a safe and profitable one for everyone within the industry.
Sandy Williams
Read more from Sandy WilliamsLatest in Economy
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