Red, White, Blue...Green: The Business of the Flag

July 4 (Bloomberg) -- On U.S. Independence day, Bloomberg News takes a look at the American flag manufacturing industry and break down some common myths such as "most American flags are actually made in China." In fact, only 5% of all American flags are made in China, the rest are manufactured by private companies in America. It's estimated that American companies produce $50-60 million worth of flags every year. (Source: Bloomberg)
ADP, ISM Reports Weigh on Stocks
40:29 - Bloomberg’s Julie Hyman reports on ISM manufacturing report rising at a slow pace and ADP employment report fall below estimates in “On The Markets” . She speaks with Bloomberg’s Alix Steel on “Street Smart.” (Source: Bloomberg)
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