Sector3’s focused expertise produces a targeted, insightful
and truly useful appraisal.

Sector3 helps companies and lenders decipher the underlying value of raw materials, metals, chemicals, plastics, and commodity inventory and machinery and equipment.  We are successful because we:

  • Specialize in the metals, chemicals, plastics, and commodity markets;
  • Offer extensive metals, chemicals, and plastics valuation experience
  • Believe customer service is a long-term objective.  

These advantages set Sector3 apart from other appraisal companies, and
have made Sector3 one of the largest metals, chemicals and commodity appraisal firms in the U.S.

Economic Indicators

Industrial production in December 2017 rose 0.9% following a November decrease of 0.1%.   Month-over-month manufacturing output edged up 0.1%, while utilities jumped 5.6%, and mining rose 1.6%.   December’s industrial production was up 3.6% from year-ago levels.   Capacity utilization was 77.9%, a rate that is 2.0 ppts below the 1972 to 2016 average.   

The Purchasing Managers’ Index (PMI) rose 1.5 ppts in December 2017 to 59.7%.  A value above 50% signifies expansion in the manufacturing industry. December PMI reflected growth in 16 of 18 industries including: machinery; computer & electronic products; primary metals; miscellaneous manufacturing; transportation equipment; fabricated metal products; and electrical equipment, appliances & components.  A fabricated metals respondent anticipates stronger Q1 2018 sales compared to Q4 2017.

The Consumer Confidence Index decreased 6.5 pts to 122.1 in December 2017 from the prior month, as consumer sentiments regarding job market prospects and the near-term business outlook worsened.

New orders for manufactured durable goods in November 2017, per the full report, increased 1.3% or $3.0 billion to $241.4 billion after a 0.4% decline in October.  The rise in new orders was driven by transportation equipment, which advanced 4.1% or $3.2 billion to $80.8 billion.  November shipments of manufactured durable goods were up 0.9% or $2.3 billion to $244.4 billion, following an October increase of 0.5%.

Per the third estimate, real Gross Domestic Product (GDP) increased at an annual rate of 3.2% in Q3 2017, versus 3.1% growth in Q2 2017. The Q3 rate of expansion was attributed to more complete source data regarding positive contributions from personal consumption expenditures, private inventory investment, nonresidential fixed investment, exports, federal government spending, and state/ local government spending. Imports, a detractor to GDP, decreased. The positive performance was partly offset by negative contributions from residential fixed investment.

In November 2017, the preliminary chemical and allied products Producer Price Index rose to 285.9 from the October reading of 285.2.

88-02 69th Road Forest Hills, NY 11375 Phone: 718-268-4376 Fax: 718-425-9784