The Construction Monthly Metals Index (MMI) picked up by 4.4% this month, as December construction spending rose and the Biden infrastructure plan could serve as a major support beam for metals prices. Biden’s infrastructure plans Despite the typically bipartisan support — at least in word — infrastructure spending typically garners, a major infrastructure bill never […]
Tag: Construction MMI
Construction MMI: U.S.’s November construction spending rises
The Construction Monthly Metals Index (MMI) ticked up 5.8% this month, as U.S. construction spending rose in November. Become part of the MetalMiner LinkedIn group and stay connected to trends we’re watching and interesting metal facts. U.S. construction spending U.S. construction spending reached a seasonally adjusted annual rate of $1,459.4 billion in November, the Census […]
Construction MMI: U.S. construction spending rises 3.7% year over year
The Construction Monthly Metals Index (MMI) rose 4.9% for this month’s index value, as U.S. construction spending showed recent gains. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. U.S. construction spending U.S. construction spending in October 2020 reached a seasonally adjusted annual rate of $1,438.50 billion, the Census Bureau […]
Construction MMI: U.S. construction spending up 4.1%
The Construction Monthly Metals Index (MMI) gained 3.8%, as U.S. construction spending rose 4.1% during the first nine months of 2020. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the fundamental factors driving prices and a detailed forecast that can be used when sourcing metals […]
Construction MMI: August 2020 construction spending up 1.4%
The Construction Monthly Metals Index (MMI) held flat this month, showing no movement from last month’s index value, as August 2020 construction spending picked up from the previous month. See why technical analysis is a superior forecasting methodology over fundamental analysis and why it matters for your steel buy. August 2020 construction spending August 2020 […]
Construction MMI: U.S. construction spending flat in July
The Construction Monthly Metals Index (MMI) gained 2.6% for this month’s MMI reading. We’re offering timely emails with exclusive analyst commentary and some best practice advice – and you choose how often you receive it. Sign up here. U.S. construction spending U.S. construction spending in July checked in at a seasonally adjusted annual rate of […]
Construction MMI: June construction spending dips 0.7%; ABI makes gains
U.S. construction spending in June rose year over year but fell 0.7% compared with the May spending rate.
Construction MMI: May construction spending drops 2.1%
The Construction Monthly Metals Index (MMI) picked up 4.2% this month.
Construction MMI: U.S. construction spending falls 2.9%, housing starts drop 30.2%
The Construction Monthly Metals Index (MMI) gained 2.9% this month.
Construction MMI: Construction spending rises 0.9%; housing starts fall 22%
The Construction Monthly Metals Index (MMI) held flat this month.