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Market news
05 december 2012
Panjiva reports a 10 percent decline in global trade from September to October
Global trade activity saw a steep dip from September to October, according to data released by Panjiva, an online search engine with detailed information on global suppliers and manufacturers. U.S.-bound waterborne shipments, which were up 9 percent and down 3 percent and 4 percent, respectively, in the previous three recorded months declined 10 percent from September to October, coming in at 988,255, said Panjiva. This was 3.1 percent below shipment levels from the same period last year, which reached 1,027,973.
07 november 2012
Diesel prices fall for the fifth time in seven weeks
The average price per gallon of diesel gasoline fell for the fifth time in the last seven weeks, according to the Department of Energy’s Energy Information Administration (EIA). With a 2 cent decline, the average price per gallon is $4.01. This comes on the heels of 8.6 cent and 3.4 cent losses, respectively, during the week of October 29 and October 22, and a 5.6 cent gain during the week of October 15 to $4.15 per gallon, which is the highest price since the week of August 18, 2008, when prices were $4.207 per gallon.
03 october 2012
ISM issues positive manufacturing report for September
The PMI – the index used by ISM to measure manufacturing activity – registered 51.5 percent, an increase of 1.9 percentage points from August’s reading of 49.6 percent.
05 september 2012
Manufacturing growth is down for third straight month
Manufacturing growth in August remained as it had been in the previous two months—sluggish.
01 august 2012
Diesel prices are up for fourth straight week
Increasing diesel prices appear to be the norm again, with the price per gallon up 1.3 cents to $3.796 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
04 july 2012
Diesel prices fall for 11th consecutive week
The decline in weekly diesel prices is rapidly approaching the three-month mark, with prices dipping for the 11th consecutive week, according to the Department of Energy’s Energy Information Administration (EIA).
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