Domestic hot-dipped galvanized lead times climbed sharply last week, signaling increased pressure on coated steel availability.
Despite slowing in June, manufacturing in the New York region continued to grow. The Empire Manufacturing Index came in at 5.7, down from 19.6 in May. Despite the slowdown, the index has been in growth territory for the third straight month and for the fifth time in the last six months.
Despite slowing in June, manufacturing in the New York region continued to grow. The Empire Manufacturing Index came in at 5.7, down from 19.6 in May. Despite the slowdown, the index has been in growth territory for the third straight month and for the fifth time in the last six months.
The Dodge Momentum Index (DMI), a leading indicator for non-residential construction activity, increased 5.9% month-over-month in May to 275.7 (+33.8% year-over-year).
