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ISM Services PMI Hits Record High In May

US DATA

US ISM SERVICES PMI 64.0 MAY VS 62.7 APR

US ISM SERVICES BUSINESS INDEX 66.2 MAY VS 62.7 APR

US ISM SERVICES EMPLOYMENT INDEX 55.3 MAY VS 58.8 APR

US ISM SERVICES NEW ORDERS 63.9 MAY VS 63.2 APR

US ISM SERVICES SUPPLIER DELIVERIES 70.4 MAY VS 66.1 APR (NSA)

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The ISM Services PMI edged higher in May to a fresh record high of 64.0, beating the 62.7 seen in April and the previous high 63.7 seen in March. Among the main four indicators, Business Activity rose 3.5 pt to 66.2, while New Orders inched higher to 63.9. Supplier Deliveries rose 4.3pt to 70.4 in May.

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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