10
Jul
21:12
US construction labour market is “overheated,” economist says
US construction employment rose by 23,000 jobs in June, according to the latest analysis of labour data by Associated Builders and Contractors (ABC). Kallanish understands that the industry's employment levels have increased by 198,000 jobs year-over-year, or an increase of 2.6%, to 7.9 million jobs.
“Theory suggests that the roughly 500-basis-point increase in the federal funds rate over the past year would weigh on the demand for construction…
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Anonymous
Very good overview of the weekly steel market.
Anonymous