The recent rise in manufacturing may be due in part to a rebuild of inventories drawn down early in the pandemic and economic shutdowns, providing a welcome but perhaps temporary boost to the economy.
Trucking capacity remains tight throughout the U.S., and spot pricing remains elevated.
Clients are advised to provide expanded lead times on orders to help ensure delivery dates will be met.
There were 37,330 new COVID-19 infections in the U.S. yesterday, down slightly from the prior day, but fatalities rose to 1,098.
A study published yesterday of COVID-19 patients in Greater Houston suggests the virus is mutating, which could make it more contagious and complicate the development of a vaccine.
The CDC reported that the median age of COVID-19 victims in the U.S. declined from 46 years in May to 37 years in July and 38 in August. Infections from June through August were highest in persons aged 20 to 29 years, who accounted for over 20% of all confirmed cases.
Falling battery prices are making electric vehicles more competitive than internal combustion counterparts:
General Mills, in reporting better-than-expected quarterly results and a dividend increase, continued to benefit from strong demand for packaged goods and has seen a 91% increase in 18- to 24-year-olds visiting its websites.
Online sales of computers and consumer electronics will be up nearly 18% this year and comprise nearly half of all e-commerce sales.
Half of the world’s students remain impacted by school closures due to the pandemic:
Economists are reconsidering projections for a continuing economic recovery in Europe, now weighing whether a second COVID-19 wave will trigger a double dip recession.
Canada’s prime minister said the government will do “whatever it takes” to combat a second wave of COVID-19 gripping the country and painted a grim outlook for the remainder of the fall. Two opposition leaders did not attend the rare televised address because they are infected with the virus.
Saudi Arabia is opening major mosques in Medina and Mecca, closed in March, as it strives to revive its economy.
To access 3D Printing training, order parts and seek technical assistance, visit our new online resource.
Market Expertise: M. Holland offers a host of resources to clients, prospects and suppliers across nine strategic markets. To arrange a videoconference or meeting with any of our Market Managers, please visit our website.
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.