M. Holland is hosting a free 3D Printing Technology Forum in Chicago on Nov. 16! Attendees will learn how additive manufacturing technologies can support the development of applications — especially injection molding! Click here to RSVP, or contact email@example.com for more information.
During our recent Plastics Reflections Web Series broadcast, M. Holland’s expert panelists discussed the macroeconomic factors influencing global and domestic markets, including impacts on the plastics industry. Click here to read a recap of the webinar
Oil fell 3% Wednesday after industry data showed a rise in U.S. crude stockpiles.
In mid-morning trading today, WTI futures were up 1.1% at $86.78/bbl, Brent was up 1.2% at $93.80/bbl, and U.S. natural gas was up 4.2% at $6.11/MMBtu.
U.S. crude stocks rose by a surprise 3.9 million barrels last week, according to the U.S. government.
Inflation moderated in October, with the Consumer Price Index up a smaller than expected 7.7% year over year, the slowest pace since January. Core inflation sans food and energy rose 6.3%, down from a four-decade high 6.6% in September.
First-time jobless claims rose by 7,000 last week to 225,000.
The U.S. Federal Reserve could potentially raise its key interest rate to 6% next year, what would be the highest rate in over 20 years, according to a Reuters survey of bond strategists.
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