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In The News:

U.S.

May U.S. Cutting Tool Consumption Down 3.5% from April

U.S. cutting tool consumption down 4.4 percent year-over-year.
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May U.S. Exports Increase, Imports Decrease

Goods deficit decreases $2.4 billion from April.
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Univar Opens New Oil & Gas Facility in North Dakota

With this opening, Univar operates 25 facilities in the U.S.
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New Orders for Manufactured Goods Fall 0.5% in May

Shipments, unfilled orders, inventories at highest levels since series started using NAICS.
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Durable Goods New Orders Down 1% in May

Transportation equipment led the decrease, dropping 3 percent for the month.
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Real Gross Domestic Product Down 2.9% in 1Q

Real GDP down after increasing 2.6 percent in fourth quarter.
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Chicago Fed National Activity Index Rises in May

Three of four indicators made positive contributions to index.
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Dot Foods Forms Joint Venture with Mexican Distributor

Joint venture with Mexico-based RJ Alimentos will provide Dot Foods entry into the Mexican market.
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May Housing Starts Down 6.5% From April

Year-over-year, housing starts up 9.4 percent in May.
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Industrial Production Rises 0.6% in May

The output of utilities dropped 0.8 percent.
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