Free Trial

ISM Non-manufacturing PMI (May) 56.9........>

US DATA
US DATA: ISM Non-manufacturing PMI (May) 56.9
-----------------------------------------------------------------------
- ISM Non-Manuf May rebounded to 56.9 from 55.5(Bbg: 55.4, MNI: 55.9)
- Employment (+4.4pp) & Inventories (+2.5pp) were the main drivers in May...
-...while Order Backlogs (-2.5pp) and Exports (-1.5pp) held further growth back
- Employment (58.1) recorded the strongest value since Oct 2018
- Order Backlogs (52.5) fell back to Jan's level reversing the previous gains
- After a sharp increase in April (57), Exports fell to 55.5 in May
---------------------------------------------------------------------------
US ISM NON-MFG COMPOSITE INDEX 56.9 MAY VS 55.5 APR
US ISM NON-MFG BUSINESS INDEX 61.2 MAY VS 59.5 APR
US ISM NON-MFG PRICES 55.4 MAY VS 55.7 APR
US ISM NON-MFG EMPLOYMENT INDEX 58.1 MAY VS 53.7 APR
US ISM NON-MFG NEW ORDERS 58.6 MAY VS 58.1 APR
US ISM NON-MFG EXPORTS 55.5 MAY VS 57.0 APR
US ISM NON-MFG IMPORTS 50.0 MAY VS 55.0 APR

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.