The 40% rebound of stock prices since their pandemic low has invigorated the market for initial public offerings, which now take place virtually.
Housing starts in May rose a less-than-expected 4.3% from the prior month and were 23.2% below May 2019, but strong growth in permits and home loan applications evidences an improving market.
Flush with stimulus money and savings from shutdowns, consumers who maintained jobs are driving robust demand for big-ticket items, such as home improvement projects, cars, pools, hot tubs, boats, furniture and exercise equipment.
Hilton Hotels is laying off 22% of its corporate staff and is extending furloughs for employees idled in March; hotel occupancy rates in the U.S. are at about 40%, according to the American Hotel and Lodging Association.
With Florida, home of the largest cruise port, experiencing increasing infection rates, Norwegian Cruise Line Holdings extended its suspension of global cruises through September, raising questions about hopes for a quick recovery in the travel and leisure industry.
Carbon emissions are rising rapidly after plunging 17% from 2019 levels early in the pandemic.
There is growing evidence that COVID-19 spreads most from prolonged indoor interactions rather than from surface contact or brief outdoor interactions.
China canceled flights in and out of Beijing and tightened restrictions as infections from its recent COVID-19 cluster rose to 137.
Japan is seeing a return of deflation, a stubborn foe that plagued its economy in the past.
New Zealand, which eradicated COVID-19 completely, called on its military to enforce border restrictions after two sisters entering the country were released early from quarantine and proved to be infected.
Thirty percent of German stimulus spending is devoted to green initiatives, including the advance of the country’s electric vehicle industry and hydrogen as a source of energy.
Our 3D Printing team has designed innovative tools to assist us in eventually reopening our offices, including a hands-free dispenser for hand sanitizer, a low-contact thermometer, and a multi-purpose tool for opening doors and completing other tasks.
Our white paper on materials selection for medical devices, referenced during last week’s webinar, is available here.
For clients seeking the convenience of accessing order status, order history, invoices, bills of lading and other information online, contact Tara Cutaia, Director of Client Experience, to sign up for our proprietary MHX app.
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