May ISM manufacturing index 54.9 vs 54.8 expected
Results of the May 2017 ISM manufacturing index report:
– was 54.8
– New orders 59.5 vs 57.5 prior
– Employment 53.5 vs 52.0 prior
Close on the headline and the new orders news is good but with so much emphasis on inflation, that soft reading on prices paid is a worry.