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 128,000 Jobs in October, above analysts' expectations of 85,000, and average hourly earnings rose 3%, year-over-year.
Key Economic Indicators: The October PMI® registered 48.3%, an increase of 0.5% from September. Of the 18 manufacturing industries, five reported growth in October, including furniture & related products, printing & related support activities, food, beverage & tobacco products, wood products, and computer & electronic products.
Industry News: Chinese firm Jingye says it will invest £1bn in British Steel as it signed a deal to rescue the UK Steelmaker. The deal will give the Chinese company control of a third of the UK's steel industry.
Trade News and Updates: Trump made it clear Friday (11/8) that the U.S. hasn’t yet reached an agreement, and emphasized that he wouldn’t eliminate all tariffs, muddying hopes raised by China and even some of his aides that the U.S. was ready to lift some tariffs to secure a trade deal.
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.