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state unemployment insurance fell last week to a fresh pandemic low, Bloomberg reported, indicating that dismissals are easing as business conditions improve and firms look to increase headcounts. Jobless Claims Fall to Pandemic Low (July 15, 9:00 a.m.
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and Haitian scientists, regulatory and legal teams coordinated on the initial shipment. President Biden’s administration will send a significant amount of additional vaccine doses to the country soon, according to Bloomberg. on Wednesday delivered 500,000 doses of Moderna’s COVID-19 vaccine to Haiti, the Caribbean nation reeling from the assassination of its president, Jovenel Moise. U.S.-Shipped Vaccines Arrive in Haiti (July 15, 10:00 a.m. The latest data show that the Fed’s index of factory output remains below pre-pandemic levels despite a sharp snapback in the economy. While robust consumer spending and business investment are keeping factory order books full, production has been restrained by lean supplies of materials, shipping delays and a lack of skilled workers. Total industrial production, which also includes mining and utility output, climbed 0.4% in June after a revised 0.7% gain a month earlier. The 0.1% decrease followed a 0.9% gain in May, Federal Reserve data showed Thursday. factories declined in June against a backdrop of persistent supply shortages, particularly at automakers, and soaring materials costs, Bloomberg reported. Declines on Auto Output (July 15, 12:00 p.m. To read our complete coronavirus coverage and analysis, click HERE.