THE PULSE comprises data from selected industries pertinent to the majority of
TPJ-The Tube & Pipe Journal’s subscribers.
This information is intended to provide an
overview of industry fundamentals for tube
and pipe producers and fabricators. It is not
specific to any particular industry.
The fuels and power index includes
several fuels and electricity. The metals index
comprises a multitude of alloys and includes
steel and iron. Because of the volatility
of steel and iron, these categories also are
broken out separately. These graphs do
not show specific prices but rather price
indexes—they reflect an agglomeration of
prices set at 100 in 1982.
The trade balance covers tube and pipe
products listed in the Harmonized Tariff
Schedule (HTS) Sections 73 (iron and steel)
and 76 (aluminum).
The industry employment total comprises employment figures for four industries
among TPJ subscribers: primary metal
producers, including tube producers ( 9. 8
percent of TPJ subscribers); fabricators ( 30. 9
percent of TPJ subscribers); machinery
manufacturers ( 20. 2 percent of TPJ
subscribers); and transportation equipment
manufacturers ( 9. 8 percent of TPJ
subscribers).
Data is provided by U.S. government agencies, including the U.S. International Trade
Commission ( www.usitc.gov), and the
Bureau of Labor Statistics ( www.bls.gov).
NAICS codes reported in The Pulse are 331
(primary metal manufacturing), 332 (
fabricated metal product manufacturing), 333
(machinery manufacturing), and 336 (
transportation equipment manufacturing).
Producer Price Indexes
300
275
250
1982 = 100
200
225
175
150
125
May-07
Aug-08
Feb-08
May-08
Feb-09
Nov-06
Feb-07
Aug-07
May-09
Nov-08
Nov-07
Aug-09
Nov-09
Iron and Steel
Fuels and Electrical Power
All Metals (including iron and steel)
Inflation
Tube and Pipe Trade Balance
50
0
-50
Nov-06
Millions of Dollars
-100
-150
-200
-250
-300
-350
-400
-450
-500
Feb-07
May-07
Aug-07
Nov-07
Feb-08
Nov-09
Aug-08
Aug-09
May-09
May-08
Feb-09
Nov-08
Japan
Germany
China
Canada
Employment
5.000
4.750
Millions of Employees
4.500
4.250
4.000
Feb-07
May-07
Aug-07
Nov-07
Feb-08
Aug-08
Nov-08
Feb-09
May-09
Aug-09
Nov-09
3.750
Nov-06
May-08