U.S. | ISM indices: improvement in manufacturing, slower growth in non-manufacturing
Published on Friday, June 3, 2016 | Updated on Friday, June 3, 2016
U.S. | ISM indices: improvement in manufacturing, slower growth in non-manufacturing
Summary
The ISM manufacturing index increased slightly in May to 51.3 from 50.8, indicating fewer headwinds for manufacturing going forward. The ISM non-manufacturing index dropped to 52.9 from 55.7, indicating slower growth in the services sector
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- Macroeconomic Analysis
Authors
Filip Blazheski