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.
Haleyanne Freedman, M. Holland’s 3D Printing Market Manager, will be discussing Open Platform Adoption in Additive Manufacturing. Don’t miss her presentation in the Designing the Future Theater on Wednesday, May 25 at 4:00 pm ET.
Josh Blackmore, M. Holland’s Global Healthcare Manager, is facilitating a training seminar on Understanding Material Selection for Medical Devices, from Qualification to Approval. Mark your schedules for this session in the Training and Development Theater on Thursday, May 26 at 9:15 am ET.
Oil prices saw volatile trading Thursday, rising 2.5% on signs of higher demand from China.
In mid-morning trading, WTI futures were up marginally at $112.30/bbl, Brent was flat at $112.00/bbl, and U.S. natural gas was down 3.1% at $8.05/MMBtu.
Over 65% of CEOs surveyed by The Conference Board expect the Fed’s monetary tightening will trigger a recession.
Layoffs and discharges in recent months are at or near all-time lows, according to the Labor Department, as the tight labor supply prompts greater efforts to retain employees.
U.S. existing home sales fell 2.4% in April to the lowest level in two years, while the median home price jumped 14.8% to an all-time high $391,200. A typical home on the market sold in just 15 days, according to online seller Redfin.
Meat experienced some of the largest price increases among U.S. food items in April, costing almost 15% more than the same time last year:
China’s central bank unexpectedly cut a key interest rate in a policy shift that economists say could help its beleaguered housing market while only bringing limited relief to its economy. China’s fiscal stimulus could surpass $5 trillion this year, equaling roughly a third of the nation’s economy.
At 2.8%, U.S. economic growth is expected to outpace that of China for the first time since 1976 this year.