June data pointed to a robust and accelerated improvement in the performance of the U.S. manufacturing sector. At 57.5 in June, up from 56.4, the seasonally adjusted Markit Flash U.S. Manufacturing Purchasing Managers’ Index™ (PMI™)1 indicated the strongest upturn in overall business conditions since May 2010. The latest rise in the headline PMI was driven by the fastest output and new orders growth for just over four years. Manufacturing output growth picked up for the third month running to its strongest since April 2010.
Moreover, the average pace of expansion in Q2 was the steepest for any quarter since the survey began in early-2007. Survey respondents generally attributed rising production volumes to improving domestic economic conditions, increased client confidence and a strong pipeline of outstanding work. In line with the trend for output, total new business volumes increased at a sharp and accelerated pace during June.
President Barack Obama speaks during a meeting of the President’s Export Council at the White House. Flanking President Obama are Boeing CEO Jim McNerney and Xerox CEO Ursula Burns. The President’s Export Council advises the President on policies and programs that effects US trade performance and promote export expansion
President Barack Obama speaks about the situation in Iraq, in the Brady Press Briefing Room of the White House in Washington. President Obama said the US will send up to 300 military advisers to Iraq, set up joint operation centers
President Barack Obama awards the Medal of Honor to retired Marine Cpl. William “Kyle” Carpenter, in the East Room of the White House in Washington. Carpenter took a blow from a grenade to protect a fellow Marine in Afghanistan, sustaining major wounds including the loss of his right eye. He is the eighth living recipient to be chosen for the Medal of Honor for actions in Iraq or Afghanistan
Retired Marine Cpl. William “Kyle” Carpenter smiles as President Barack Obama speaks at a ceremony awarding Carpenter the Medal of Honor for conspicuous gallantry
President Barack Obama introduces Maria Contreras-Sweet as his choice to be the new administrator of the Small Business Administration during an announcement ceremony in the Eisenhower Executive Office Building of the White House.
Maria Contreras-Sweet, the founder of a Latino-owned community bank in Los Angeles who was born in Guadalajara, Mexico, has a history of working with small businesses and has been an advocate for Hispanics. As California’s secretary of the state’s Business, Transportation and Housing Agency from 1999 to 2003, she was the first Latina to serve as a cabinet secretary in the state and oversaw 40,000 state employees and a $12 billion budget.
In 2006, she founded ProAmérica Bank, a financial institution that aimed to assist small and mid-size businesses. Before that, she was president and co-founder of a private equity firm that provided capital to small California businesses. Contreras-Sweet would become the second Hispanic in Obama’s second term Cabinet. The other is Labor Secretary Thomas Perez. She would also become the eighth woman in Obama’s current Cabinet.
First Lady Michelle Obama gestures while speaking in the State Dining Room of the White House where she hosted a screening of “The Inevitable Defeat of Mister and Pete,” a coming of age story about two inner-city youth who are left to fend for themselves in the Bronx.
Lesley Clark: First Lady Joins With Alicia Keys To Talk Education
First Lady Michelle Obama has earned accolades — and few brickbats — for her campaigns to improve the American diet and get people off the couch. She’s also championed hiring opportunities for returning veterans. And now, the first lady says, she’s adding another initiative to her roster: helping achieve President Obama’s goal that the U.S. by 2020 will have the highest proportion of college graduates in the world. (It once was No. 1 but has fallen to 12th, she said.) Still, Obama, who turns 50 on Friday, says she’s not giving up her “Let’s Move,” food and exercise program or her “Joining Forces” campaign to help military veterans and their families.
“Nothing is going away, we’re just adding more on,” Obama said Wednesday, talking to a room full of educators at the White House. “I’m going to be doing my very best to promote these efforts by talking directly with young people. That’s my focus. Everybody else is going to be talking about resources, but the one thing I can bring to this is the message that we can give directly to young people.” Obama’s remarks came after a White House screening of “The Inevitable Defeat of Mister and Pete,” produced by the singer, Alicia Keys, who preceded Obama at the lectern in the State Dining Room.
Smithsonian political history curator Lisa Kathleen Graddy, left, and museum specialist Bethanee Bemis, show off First Lady Michelle Obama’s second inaugural gown in a storage area at the Smithsonian Museum of American History. The White House is lending Obama’s ruby-colored chiffon gown made by designer Jason Wu to the National Museum of American History for a year to coincide with the 100th anniversary of the Smithsonian’s first ladies exhibition. It will be paired with Obama’s shoes designed by Jimmy Choo.
Smithsonian political history curator Lisa Kathleen Graddy shows off First Lady Michelle Obama’s second inaugural gown in a storage area at the Smithsonian Museum of American History