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ISM March Non-Manufacturing PMI At 45.4 ....>

US DATA
MNI (London)
US DATA: ISM March Non-Manufacturing PMI At 45.4 
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- US ISM NON-MFG COMPOSITE INDEX 45.4 MAY VS 41.8 APR 
- US ISM NON-MFG BUSINESS INDEX 41.0 MAY VS 26.0 APR 
- US ISM NON-MFG EMPLOYMENT INDEX 31.8 MAY VS 30.0 APR 
- US ISM NON-MFG NEW ORDERS 41.9 MAY VS 32.9 APR 
- US ISM NON-MFG SUPPLIER DELIVERIES 67.0 MAY VS 78.3 APR (NSA)
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The ISM non-mfg index bounced 3.6pt to 45.4 in May after the index slumped to an
11-year low in April. May's rebound was led by a sharp uptick in Business
Activity (+15pt) followed by New Orders (+9pt) and Employment (+1.8pt). Supplier
Deliveries saw the largest monthly decline, dropping by 11.3pt to 67.0. While
Exports (41.5), Inventories (48.0) and Prices (55.6) saw monthly gains in May,
Order Backlogs declined further to 46.4. Imports (43.7) and Inventory Sentiment
(55.1) decreased after both indicators rose in the previous month.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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