(Seasonally Adjusted); Core PPI Also Up 0.2%
Strongest Pace since September
Chris Holman welcomes back Dillon Li, General Manager, AP Lazer, Mason, MI for an updated discussion about this business.
But Continuing Claims Fell; Solid Job Growth Expected for March
• Initial claims for unemployment insurance rose somewhat in the week ending March 30, but remained in their 2024 range.
• Continuing claims fell slightly.
• The US labor market remains very strong.
Unemployment Rate Remains Historically Low; No Red Flags
• The March jobs report was very strong, with job gains of above 300,000 and a small decline in the unemployment rate to 3.8%.
• The details were good, with a big increase in the labor force.
From disrupting traditional production methods to driving sustainability, discover how additive manufacturing is reshaping industries and opening doors to new horizons. Explore the findings and insights of this additive manufacturing roundtable group comprised of industry leaders in government, academia, and industry.
Posting 51.4 in Second Consecutive Monthly Moderation
• The topline ISM Services PMI came in at 51.4 for March 2024.
• The Business Activity component of the ISM Services PMI remained solid at 57.4 as businesses continue to service current demand.
May 13: Great Lakes Bay Supplier Summit
Pure Michigan Business Connect (PMBC), and a regional economic development partnership group including Bay Future, Greater Gratiot Development, Great Lakes Bay Regional Alliance, Middle Michigan Development Corporation, Midland Business Alliance, and Saginaw Future, are partnering on an event connecting Michigan based suppliers to procurement opportunities with private and public purchasing organizations located in Mid-Michigan.
in February 2024
as Inflation Slows
