Tag: february

February 2019 Manufacturing Report

In a report released today, the Federal Reserve announced a rise in industrial production in February 2019. Industrial production rose by 0.1 percent last month. However, manufacturing production fell by 0.4 percent – its second month of decline. February’s drop in manufacturing production, along with a disappointing jobs report, added to analysts’ concerns of an …

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February 2019 Job Numbers

February 2019 Job Numbers   Unemployment rate: 3.8%   The economy added 20,000 jobs in February 2019. This number fell far short of economists’ forecasts, which predicted that the economy would add 180,00 jobs last month. Unemployment edged downward to 3.8% (versus 4.0% the previous month). The country lost 31,000 construction jobs as construction employment …

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Diesel And Lumber Prices – February 26, 2019

Diesel Prices National Average Diesel Price Per Gallon: $3.05 After OPEC – along with Russia – announced cuts to oil supplies in December 2018, prices have been steadily edging upward. However, now the suppliers’ deal to cut production is in jeopardy. Saudi Arabia agreed to account for the bulk of OPEC’s cuts. But Russia (a …

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Diesel And Lumber Prices – February 20, 2019

Diesel Prices National Average Diesel Price Per Gallon: $3.01 Brent crude was trading at $62.90 a barrel Tuesday morning, up 0.8% West Texas Intermediate stood at $53.46, or 0.6% higher. Last month, President Trump’s administration imposed targeted crude oil sanctions on Venezuela. The move was meant to bar President Nicolas Maduro from accessing oil revenue. …

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Diesel And Lumber Prices – February 12, 2019

Diesel Prices National Average Diesel Price Per Gallon: $2.97 Brent crude was trading at $61.90 a barrel Tuesday morning, up 0.6% West Texas Intermediate stood at $52.68, or 0.5% higher. OPEC and its allied producers agreed last week to impose production cuts starting in January 2019 to prevent global oversupply. But according to analysts such …

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