M. Holland is the headline sponsor for AMI’s Thermoplastic Concentrates in Orlando on Jan. 24-26. Stop by Booth #16 to speak with our experts and attend a talk on regulatory compliance changes by Christopher Thelen, M. Holland’s Senior Regulatory Specialist, on Jan. 24 at 4:20 pm.
M. Holland will be exhibiting at MD&M West in Anaheim on Feb. 7-9. Stop by Booth #4115 to meet our Healthcare team and discuss how M. Holland’s line of medical-grade resins can help you develop safe and effective medical products and packaging.
2022 was a difficult year for supply chains, with 3D printing, Color & Compounding and Rotational Molding all weathering challenges to keep inventories up-to-date. Click here to read what M. Holland’s market managers had to say about their predictions for the three industries in 2023.
Oil fell about 1% Wednesday on growing worries of a U.S. recession this year.
In mid-morning trading today, WTI futures were up 0.7% at $80.00/bbl, Brent was up 0.9% at $85.72/bbl, and U.S. natural gas was down 1.3% at $3.27/MMBtu.
Czech automakers expanded production by 10% last year and expect to keep growing in 2023 as the country’s key industry recovers from shortages of energy and computer chips.
The U.S. reported 127,694 new COVID-19 infections and 1,574 virus fatalities Wednesday.
First-time unemployment claims hit a four-month low last week, down 15,000 to 190,000, indicating the jobs market remains robust.
The Federal Reserve’s Beige Book of anecdotal economic evidence showed that U.S. economic activity was relatively flat to start the year and that businesses were pessimistic about growth in the months ahead.
U.S. manufacturing output fell 1.3% last month, the steepest drop in 22 months, suggesting the sector was rapidly losing momentum amid weakened demand for goods.
U.S. producer prices fell by a surprise 0.5% last month, the most since April 2020, as the costs of energy products and food declined, offering more evidence of receding inflation.
U.S. business inventories rose 0.4% in November as higher interest rates depressed sales, boosting the inventory-to-sales ratio to the highest level in nearly two years.
Microsoft said it will take a $1.2 billion charge related to the elimination of 10,000 jobs announced yesterday as cloud customers reassess spending and the company braces for a potential recession. Amazon, meanwhile, began the first of 18,000 job cuts Wednesday.
Southwest Airlines’ pilot union called for a strike authorization vote over pay and conditions, coming just weeks after a tech meltdown at the carrier left tens of thousands of passengers stranded across the U.S.
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