Get the latest economic and market news with Market Insight from Supply Dynamics. In this month's issue, you'll discover:
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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.
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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.
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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.
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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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