MH Daily Bulletin: November 28

November 28, 2022 • Posted in Daily Bulletin

News relevant to the plastics industry:

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The Rise and Fall of Nuclear Energy?

Supply Chain

Covid Put a Dent in the Unstoppable Rise of Black Friday

Domestic Markets

  • The U.S. averaged 43,582 daily new COVID-19 infections last week, up from 40,102 the prior week. The seven-day average for virus deaths increased to 378 from 317 a week ago.
  • Lawmakers return to Washington this week with an agenda that includes passing key funding to keep the government running beyond Dec. 16.
  • First-time jobless claims rose by 17,000 to a three-month high of 240,000 last week amid rising layoffs in the tech sector:
United States Initial Jobless Claims
  • U.S. business activity contracted for a fifth straight month in November, with S&P Global’s composite purchasing managers’ index falling from 48.2 to 46.3

International Markets

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