Consumer confidence slipped in November due to concerns over rising prices and new COVID variants. Despite this, the manufacturing sector is showing strong signs of growth. Total construction spending came in at an all-time high with the largest year-over-year increase since March 2020. Additionally, the ISM Manufacturing Index increased for the 18th consecutive month; indicating strong sector expansion and overall economic growth.
The steel market is a live market. Our mid-week update gives you the latest input costs, supply, demand, price, and economic trends. These updates allow you to stay on top of market movements as they happen, helping you manage your business.