Early Q1’17 data suggests coal bounce continued for three straight quarters
SNL (Tuesday, April 11, 2017)
An early sample of 100 coal mines reporting first-quarter jobs and production data suggests the upward trend in production and employment continued through the first three months of the year.
An earlier S&P Global Market Intelligence analysis pointed to a change in direction that began in the second half of 2016, after a prolonged downturn in coal production and employment. A new analysis of the first 100 coal mines to report data to the U.S. Mine Safety and Health Administration suggests the upward trend may have continued in the first quarter of 2017.