Get the latest economic and market news with Market Insight from Supply Dynamics. In this month's issue, you'll discover:
U.S. Economy: The U.S. added 145,000 jobs in December, slightly below economists' expectations, and the IMF has predicted that the global economy will rebound in 2020, an improved outlook driven by aggressive monetary policy easing in 2019 and detente in the U.S.-China trade war.
Key Economic Indicators: The December PMI® registered 47.2%, a near 1% drop from its November reading of 48.1%. The 12 industries reporting contraction included transportation equipment, fabricated metal products, electrical equipment, appliances & components, and computer & electronic products, among others.
Industry News: The U.S. government is nearing publication of a rule that would vastly expand its powers to block shipments of foreign-made goods to China’s Huawei. In May, the U.S. Commerce Department placed the multi-national tech giant on a trade blacklist, citing national security concerns.
Trade News and Updates: The U.S. and China signed a trade deal that officials say will lead to a sharp increase in sales of U.S. goods and services to China, further open Chinese markets to foreign firms—especially in financial services—and provide strong new protections for trade secrets and intellectual property. Yet, despite China’s commitment to buy more American goods, especially farm products, prices haven’t gone up—a sign that investors and traders don’t see the accord having much real economic impact.
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