Factory production, construction spending & U.S. petroleum product exports rise.
Jordan, Knauff & Company
JKC pump stock index, payrolls & unemployment rates increase.
The Jordan Knauff & Company (JKC) Valve Stock Index was up 0.2% over the last 12 months, and the broader S&P 500 index was up 0.3%.
Markets were volatile due to fears of continued interest rate hikes.
The S&P 500 posted its best January since 2019.
The markets finished the year with their worst results since 2008.
Amid concerns about slower growth for the global economy, the Export Orders Index slipped into contraction territory.
Government spending declined for a third straight quarter.
Major stock indexes have fallen in the last year.
Gas prices were already escalating well before the conflict with Russia and Ukraine.
Customer inventories had its largest decline in six months.
The Jordan, Knauff & Company (JKC) Valve Stock Index was up 7.3% over the last 12 months, and the broader S&P 500 index was up 12.7%.
Russia’s invasion of Ukraine threatens to further disrupt global supply chains just as shipping delays were starting to decline.
It’s difficult to measure how much the omicron variant is affecting the economic recovery.
Despite volatility in global oil markets, U.S. crude oil exports hit a record high in 2020 and remain high in 2021. High oil prices have contributed to steady crude oil exports.
Drones and other methane monitoring technologies are growing in popularity.
Gross domestic product in the U.S. declines at an annualized rate of 4.8 percent in the first quarter of the year.