The Bureau of Labor Statistics released the June jobs report Friday, showing that the economy added 213,000 jobs in June, beating expert predictions, and signaling the booming economy is attracting more people back into the workforce.
At the end of the day, though these companies are still impacted by the cost of their inputs—whether it’s labor costs, taxes, transportation costs, or raw materials—a continued increase in the price of steel by the U.S. government makes it harder for these companies to invest.