Construction sector adds jobs while spending eases
Construction jobs were one of the drivers in the overall employment rate during the month.
Tag: Employment
Fed's move to slash interest rates is poised to boost scrap
Net growth in job creation correlates to increased steel consumption, and of course, more scrap demand, as recycled metals serve as the primary feedstock for steel production.
The week in review: August winds down with lower scrap prices
Market movements and economic highlights to start your week.
Week in Review - August 25, 2024
Powell confident inflation is dropping, labor issues on the rail line and more
Reibus: Trucking pumps the breaks as transportation winds down
We continue to operate in a market that is oversupplied, keeping freight rates well under control.
CRU: Jobs climb ahead of Fed meeting, Moody's upgrades Norsk Hydro, and more
Investors will now pay close attention to a busy economic calendar on Wednesday, with the May CPI report followed by the conclusion of the Federal Reserve’s two-day policy meeting.
Chicago PMI retreats in March
The report credits the decline to a reduction in order backlogs, new orders, production, and supplier deliveries.