Afternoon Coffee: Trade Deficit Grows in December, Unemployment Hits 8-Year Low

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The U.S. trade deficit increased $1.1 billion in December to $43.4 billion, the Commerce Department reported today. Exports in December were down by $0.5 billion compared to November, while imports rose $0.6 billion during the month. And, the U.S. unemployment rate was down slightly to 4.9% in January, compared to 5% in December. It was a modest improvement, but it is the first time the unemployment rate reached below 5% since early 2008. Afternoon Coffee brings you the latest in procurement and supply chain news.

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Amazon Business, DuPont, IBM and the Public Sector: Breaking Down the #ProcureTech2016 Keynotes

Attention CPOs, procurement executives and other industry professionals: Are you still feeling the hurt from a struggling economy? Do you need to get the most out of your spend with fewer employees at your disposal, while using the technology available to reduce human cost? Let Spend Matters and ISM inform your spend decisions and clue you in on the technological capabilities coming down the pike at the first ever Global Procurement Tech Summit.

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