Get the latest economic and market news with Market Insight from Supply Dynamics. In this month's issue, you'll discover:
U.S. Economy: The U.S. added 266,000 jobs in November, significantly above analysts' expectations of 180,000, offering a counterpoint to renewed anxieties about an escalating trade war and a weakening global economy.
Key Economic Indicators: The November PMI® registered 48.1%, a decrease of 0.2 percentage points from the October reading of 48.3%. The 13 industries reporting contraction included fabricated metal products, transportation equipment, primary metals, petroleum & coal products, and electrical equipment, appliances, and components, among others.
Industry News: Steel imports decreased by 28.1% in November. The American Iron and Steel Institute (AISI) recently reported that steel import permit applications for November totaled 1,864,000 net tons—a significant decrease from the 2,594,000 permit tons recorded in October.
Trade News and Updates: According to recent reports, the U.S. and China are taking steps to delay the next round of American tariffs set for Sunday (12/15) as they seek a deal to rein in a raging trade war.
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