The latest economic indicators suggest America's sputtering economic engine may conk out once again. Disappointing service- sector and job-growth figures released Wednesday are signs of rough times ahead. With a weak dollar and stratospheric gasoline prices, millions more could find themselves seeking government assistance. The administration appears to be just fine with that. According to the Institute for Supply Management, growth in the nonmanufacturing sector of the economy dipped 4.5 percentage points from March to April. Purchasing and supply executives who participated in the survey expressed mixed feelings about overall business conditions. They were mostly troubled by "lingering uncertainty about the economy." Rising commodity prices - especially fuel - have cast doubt on the p...
NEW YORK, Sept. 27, 2011 /PRNewswire/ -- Turner Construction Company announced that the Third Quarter 2011 Turner Building Cost Index has slightly increased over the Second Quarter of 2011. The Turner Building Cost Index measures costs in the non-residential building construction market in the United States. The Turner Building Cost Index of 814 reflects a 0.37% increase from the Second Quarter 2011 and 2.01% increase from the Third Quarter 2010. Karl F. Almstead, the Turner vice president responsible for the Turner Building Cost Index said, "Commodity and material prices have stabilized on decreasing global demand. Structural Steel and Reinforcing Bar prices are remaining stable for the near future. Although the average union wage settlements are up slightly from a year ago, the overal...
INVESTORS LOOKING TO bottom fish into construction and its related building material sectors such as cement and steel must have gotten a big shock in the last few weeks or so. Just when the bulls thought it was safe to buy cheaply into players in these bashed- down sectors, there was suddenly another wave of sell-down in these stocks, as new worries emerged over their earnings visibility and waning demand for property and infrastructure projects in a potential global recession. In a way, it was ironic for contractors and cement/steel manufacturers. For the former, when commodity prices were high such as that of cement/steel and other building materials, their share prices were being sold down on concerns of crimping margins, while the building material manufacturers benefited and saw th...
IS IT THE RIGHT TIME STILL TO trade in commodity stocks, given the recent decline in almost all major commodity prices? Well, some analysts are still bullish on the steel sector, looking at a long- term structural rise in steel prices on continuous strong demand from emerging economies like China and India. In this respect, Kinsteel Bhd, with the impending listing of its 51%-owned Perwaja Holdings steel unit on Bursa Malaysia, has certainly attracted the interest of analysts, with the consensus of eight analysts (out of 10) covering the company still calling a `Buy' on the stock, with a fair value target of RM1.92. Kinsteel was incorporated in January 1991 under the name of Kin Kee Steel Sdn Bhd and is involved in the manufacturing and trading of `long steel' products. The company is no...
The Metal and Metal Products industry covers the production of metals and alloys and the fabrication of metal products such as tools and cutlery. The US recession is having a severe impact on demand for primary metals. The US Geological Survey (USGS) publishes a report on the economic health of the primary metals industry. According to the most recent USGS report, the primary metals leading index decreased in December 2008, down 2.4% from November. The six-month smoothed growth rate reached -26.8% in December, down from -25.2% in November. The negative growth rate indicates a downturn in industry activity. The metal fabrication sector provides a variety of products for both industrial use and commercial sale. It is pursuing sales by offering custom products. Neither the primary nor fabr...
... Business, published in February 2009, commodity prices are down for metals including aluminum, coppper, scrap metal, stainless steel, and cold-rolled steel. The report also noted that...
... pressures resulting from increases in commodity prices. As an example, steel spot prices have rise...
NEW YORK - Widespread gains in commodity prices lifted energy and materials companies as part of a broad stock market rally Wednesday after three days of declines. Stocks built on morning gains after the Federal Reserve released minutes that showed that officials agreed that the economy is improving, which could lead to higher demand for raw materials like steel and fertilizer. The Fed's bond-buying program has kept interest rates low and sent commodities and stock prices higher overall since late August. The U.S. stock market has gained nearly 25 percent since the central bank signaled that it would begin the asset-purchase plan. Commodity prices had fallen over the last two weeks after months of gains on concerns about the impact of high energy prices on the economy.
First, it was high steel prices that squeezed profit margins of many manufacturers. Now, it's copper. Runaway copper prices have increased 43% in the last 12 months and are hovering near record highs, according to commodity exchanges where metals are bought and sold.
... were strong, particularly given the commodity cost challenges we faced. Our sales increased 15% ... market remains volatile as evidenced by prices for certain types of steel that have increased on ...
Inland Empire manufacturing activity quickened last month, but concerns over rising prices in raw materials loomed over the sector. An index of factory activity for the San Bernardino and Riverside counties grew to 58.8 in February from 56.4 the month before, said The Institute of Applied Research at Cal State San Bernardino in a report released Tuesday.
... pressures in the Inland Empire caused commodity prices to increase at a more rapid rate in Februarry. Prices for steel, aluminum, rubber and plastics, in addition to oth...
ver las páginas en versión mobile | web
ver las páginas en versión mobile | web
© Copyright 2012, vLex. All Rights Reserved.
Contents in vLex United States
Explore vLex
For Professionals
For Partners
Company
Other interesting searches:
International Commercial Arbitration Centre | dimethyl carbonate | nuclear arms control | facts thermal | State Environmental Resource Center | participacion social concepto | bootstrap method | juicio ordinario | derechos civiles en estados unidos | democracia fundamentos
