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US May ISM services 53.8 vs 49.4 in April
Above expectations (Il Sole 24 Ore Radiocor) - Washington, 05 Jun - The Institute for Supply Management's index of non-manufacturing activities, a gauge of the US service sector, rose to 53.8 in May from 49.4 in April.
Expectations were for a reading of 51.0.
A reading above 50 indicates expansion.
The business activity index rose to 61.2 from 50.9 in April, while the new orders index in May rose to 54.1 from 52.2.
AAA-Sje
(RADIOCOR) 05-06-24 16:07:46 (0516) 5 NNNN