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Core Report | May 23, 2022

Total industrial production increased again in April for the fourth consecutive month. All major sectors saw growth, with manufacturing increasing 0.8%. The increase for durable goods manufacturing was helped by strong increases in motor vehicles and parts production.

faded image of majestic steel packaging with the majestic steel red m blade

Core Report | May 16, 2022

The cost to ship material and products on trucks continues to climb as freight rates hit a new all time high. There was a 31.0% increase year-over-year in April. The lingering COVID situation, labor constraints, and limited truck capacity has negatively impacted pricing recently.