U.S. consumer spending fell 7.5% in March, the biggest drop since recordkeeping began in 1959.
Another 3.8 million workers filed first-time jobless claims last week, bringing the total for the past six weeks to 30 million. Nearly one in five workers is now unemployed.
The U.S. government said it will authorize the use of remdesivir, an intravenous drug made by Gilead Sciences, for the treatment of COVID-19, after the treatment was successful in reducing the recovery time and death rate in a broad study.
The EPA has issued a nine-page guide for cleaning and sanitizing public spaces to assist with the reopening of the economy.
As Apple and Google race to develop an infection-alert system for use with smartphones, 60% of Americans surveyed indicate they won’t use the service for privacy reasons or for lack of a cellular device.
The Federal Reserve held rates steady and reiterated its intention to “use its full range of tools” to support the U.S. economy on the same day it was announced that the economy shrank by 4.8% in the first quarter.
With federal social-distancing guidelines expiring tonight, Florida became the next state to announce plans for a limited reopening.
The domestic automobile industry will reopen on varied schedules starting in May.
Our Healthcare team is offering video conferences for clients seeking advice on medical material selection, manufacturing and regulations. To schedule a meeting, contact Global Healthcare Market Manager Josh Blackmore.
To access 3D printing training, order parts and seek technical assistance, visit our new online resource.
M. Holland is fully operational and prepared to meet client needs for materials, material selection, logistics services and technical support.
We have issued the following status statement:
In accordance with the guidance provided by the U.S. Department of Homeland Security Cybersecurity & Infrastructure Security Agency (CISA), M. Holland Company is considered a member of a critical infrastructure industry and will therefore remain operative. As such, with any necessary accommodations made to ensure the health and safety of our staff and business partners, we will continue to fully perform our normal business operations.
M. Holland Company
We will provide further COVID-19 bulletins as circumstances dictate. For all COVID-19 updates and notices, please refer to the M. Holland website.