Get the latest economic and market news with Market Insight from Supply Dynamics. In this month's issue, you'll discover:
U.S. Economy: May sees the biggest jobs increase ever of 2.5 million as the economy begins to recover from coronavirus.
Key Economic Indicators: The May PMI® registered 43.1%, up 1.6 % from April, indicating expansion in the overall economy.
Industry News: U.S. manufacturing activity eased off an 11-year low in May, the strongest sign yet that the worst of the economic downturn is behind the U.S.
COVID-19 Special Section: The Senate passed a bill June 3 to give small businesses more flexibility in how they spend federal loans given as part of a coronavirus aid program. And, as the coronavirus pandemic amplifies long-standing concerns over the world's economic dependence on China, many countries are trying to reduce their exposure to Beijing's brand of business (Full Story, Chicago Tribune).
About Supply Dynamics: Supply Dynamics provides leading Fortune 500 manufacturers with real-time visibility and control over the “material-input” requirements (metals, plastics, electronics, etc.) of their extended supply chain. Our innovative solutions allow our customers to reduce the cost of raw materials and component parts that go into their products, enhance collaboration with supply chain stakeholders, and ensure that the timely purchase and supply of material-inputs is never the reason a part is late. To learn more, visit www.supplydynamics.com.