24
Jun
19:36
US commercial construction index falls
The United States Gypsum Corporation (USG) and the US Chamber of Commerce have released their Commercial Construction Index (CCI) for the second quarter, showing a decrease of 18 points - the largest drop since the inception of the index in 2017, Kallanish reports.
The CCI fell from 74 in Q1 to 56 in Q2, with two of the index’s three main indicators—confidence in new business and revenue expectations—both falling 26 points to 50 and 44, respectiv…
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Very good overview of the weekly steel market.
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