The monthly heat treat industry report released by the Industrial Heating Equipment Association (IHEA) showed year-high industrial capacity utilization coming in with a 77.1% figure, the highest number seen in recent history.
The report covers roughly a dozen other key indicators important to many in the heat treating industry. The January report also showed increases in auto production, new home starts, and a handful of other regularly-reported indices. There were some falling numbers: steel consumption and capital expenditures both dipped in December.
Other indices in the report include: metal prices (aluminum, copper, steel, nickel), the purchasing managers index, durable goods shipments, and factory orders to mention a few.
The report does not only report on indices, it also includes commentary from IHEA’s economic consultant who is keenly involved in the heat treating industry.
To receive these monthly reports, contact Anne Goyer, Executive Director at IHEA.
