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.