M. Holland is excited to be the Headline Sponsor for the upcoming Injection Molding & Design Expo in Detroit! This two-day trade show will highlight the latest technologies, materials, equipment and opportunities in injection molding. The event is May 25-26 and admission is free. Click here to learn more.
M. Holland recently hosted panelists from Business Publishing International, Jabil and LyondellBasell to discuss the ongoing pandemic, material shortages, the war in Europe, supply chain issues, high inflation and more. Read a recap of the broadcast here and access the recording here.
M. Holland’s 3D Printing group offers a rapid response alternative for producing selected parts where resin availability is tight. For more information, email our 3D Printing team.
Market Expertise: M. Holland offers a host of resources to clients, prospects and suppliers across nine strategic markets.
Century-high temperatures continue to strain India’s power grid, prompting hours-long blackouts and widespread manufacturing stoppages in some regions.
Schedule reliability for the 14 largest container carriers fell 10% in March from a year earlier, with only Maersk, Hamburg Süd and Evergreen showing improvement. Delays were most pronounced on ships between China and major U.S. and European ports.
With export volumes from the Port of Shanghai down 30% since March, shipping groups worry an impending deluge of boxships will increase congestion at Western U.S. ports.
The FDA limited the use of Johnson & Johnson’s COVID-19 vaccine after 60 cases of rare blood-clotting were reported among millions of people who got the shot.
The stock market took its sharpest fall since the early days of the pandemic on Thursday as investors reassessed the Federal Reserve’s inflation comments from the day before. Losses were especially pronounced for the world’s largest tech companies whose supercharged pandemic earnings show signs of slowing.
U.S. employers added a higher-than-expected 428,000 workers in April as unemployment remained at 3.6%.
U.S. worker productivity fell 7.5% in the first quarter, the sharpest decline in almost 75 years as high labor costs clashed with economic contraction, according to the U.S. administration.
The average U.S. mortgage rate rose to 5.27% this week, the highest since 2009. Median home prices continue to rise by double-digit percentages from a year earlier.
Property taxes rose surprisingly little in 2021 — just 1.6% — despite the surging cost of homes.
Bank of America’s total debit and credit card spending was up 13% in April compared to a year ago thanks to sharp increases in travel and entertainment activity.
The SEC is asking U.S. public companies for detailed information on how Russia’s invasion of Ukraine will impact their bottom lines.
Boeing is moving its headquarters from Chicago to Arlington, Virginia, home of many of the largest U.S. military contractors.
Five major U.S. manufacturers will commit to boosting reliance on small and medium-size American firms for their 3D printing requirements as part of a White House initiative.
In the latest news from first-quarter earnings season:
Online home seller Zillow beat revenue expectations but said unpredictable market trends could weigh on growth this year.
Home-goods retailer Wayfair reported its third consecutive quarterly loss and a 14% decline in revenue as demand slowed.
Food-deliverer DoorDash reported a 35% gain in revenue to $1.46 billion, signaling continued strength in pandemic-era demand for ordering online.
“Dramatic improvement” in passenger volumes since mid-February was not enough to avoid first-quarter losses at budget carrier Spirit Airlines.
Beijing’s business district emptied yesterday as authorities called for people to return to work remotely. Meanwhile, national officials recommitted to their COVID-zero policy despite mounting economic tolls.
The true death toll from COVID-19 could be as high as 15 million, the World Health Organization said, accounting for roughly one in every 500 people. The agency’s estimate was backed by data showing about 15 million excess deaths across the world between 2019 and 2021.
More news related to the war in Europe:
Although the Chinese government opposes Western sanctions, more Chinese firms are quietly reconsidering ties to Russia and Ukraine over the risk of secondary sanctions.