The electrical industry's near-term fortunes are influenced by trends in the wider economy. Here's where we gather some of the most relevant economic data pointing to the direction ahead, including industrial purchasing, housing and nonresidential construction, rig counts and a whole lot more.
No, not the election, but in the copper market. After moving sideways for more than six months, Big Red final broke out of the range, rising above the $2.23 line, to close the week at $2.26. And if that weren’t enough, copper also rose 10...
DISC Corp.’s new monthly flash update points toward a soft electrical market for the rest of 2016, but Herm Isenstein, DISC’s president, sees solid growth for 2017.
“We expect continued weakness in industry sales for the rest of this year,” h...
Alaska . California . Hawaii
Oregon . Washington
Lots of skyline-changing redevelopment projects on the West Coast, with more than 30 construction projects either planned or underway. Keep an eye on the plans for several gigantic projects...
Not too much to say about our markets last week, other than platinum and palladium were beaten up pretty good, while crude oil continues moving higher. So let’s talk about something else.
Take a look at the chart in this post. It is the...
Dodge Data & Analytics (www.construction.com) released its 2017 Dodge Construction Outlook, and 2017 looks reasonably strong in many key segments of the construction industry. The report predicts that total U.S. construction starts for 2017...
If the Federal Reserve Bank doesn’t quite understand what’s happening in the market, how can execs in the metals industry? An Oct. 14 article in The New York Times reported on Fed Chairwoman Janet Yellen’s comments at a recent...
The Dodge Momentum Index fell 4.3% in September to 129.0 from its revised August reading of 134.8 (2000=100). The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have ...
Last week saw another 15,600 metric tonnes of copper go into Comex and LME warehouses, bringing the total held to 436,250 metric tonnes, representing the highest level held since Nov. 2013, yet the price continues its sideways move...
