Get the latest economic and market news with Market Insight from Supply Dynamics. In this month's issue, you'll discover:
U.S. Economy: First-time claims for unemployment benefits totaled 3.8 million in the week ending April 25.
Key Economic Indicators: The April PMI® registered 41.5%, down 7.6 points from the March reading of 49.1%. The 12 industries reporting contraction included transportation equipment, textile mills, electrical equipment, petroleum and coal products, computer and electronic products, and primary metals, among others.
Industry News: A growing list of automakers hope to restart their assembly lines—some as early as the week of April 27—as manufacturers battle to prevent a record sales slump from steepening.
COVID-19 Special Section: During the week of April 20, U.S. lawmakers approved $310 billion in funding to restart the U.S. Small Business Administration’s Paycheck Protection Program (PPP).
- May News Update: Supply Dynamics' CEO & Founder, Trevor Stansbury, featured in the latest edition of AEM's Industry Advisor - "How COVID-19 Is Affecting the Supply Chains of OEMs, And What They Can Do To Assess And Adjust."
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.