Defense & Military News for June 2011

Defense & Military News Archive

Industrial Production Up Only Slightly in May

A newly released report from the U.S. Department of Commerce showed industrial production rose 01. percent in May—the second consecutive month with little or no gain.

Metalformers Foresee ‘Steady’ Conditions Over the Short Term

The newly released June 2011 Precision Metalforming Association (PMA) Business Conditions Report indicates that 50% of companies surveyed predict activity will remained unchanged over the course of the next three months.

Unemployment Rate Holds at 9.1% in May

The U.S. economy created only 54,000 jobs in May, putting a damper on the momentum generated over the past few months.

May PMI Index Reflects Strength in Manufacturing

Institute for Supply Management’s key index shows U.S. manufacturing continues to expand, albeit more slowly.