Fed indicators show a stable manufacturing sector

Editor’s note: Steel Market Update is pleased to share this Premium content with Executive members. For information on upgrading to a Premium-level subscription, contact Luis Corona at luis.corona@crugroup.com.

The latest Federal Reserve data paints a healthy and stable manufacturing sector. US industrial production, capacity utilization, new factory orders, and inventories remained steady through July and August. The strength of the manufacturing economy directly affects the health of the steel industry.

Brett Linton

Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.