U.S. service centers reported lower shipment volumes for steel and aluminum from October to November, while shipment volumes in Canada were generally flat. Inventories showed signs of declining, too.
$12.7-billion booking means new business for Airbus Mobile assembly line, and a big win Pratt & Whitney’s geared turbofan series
In a sign of U.S. manufacturing sector expansion, cutting tool consumption rose +13.2%, now up 8.0% YTD
Machine shops and other manufacturers’ capital equipment purchases increased for the third consecutive month, to $428.32 million.