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US May services PMI 54.8 vs 51.3 in April
In line with expectations (Il Sole 24 Ore Radiocor) - Washington, 05 Jun - The US services purchasing managers index rose to 54.8 in May from 51.3 in April, a one-year high, according to final data released by global information provider IHS Markit.
Expectations were for 54.8.
Any reading above 50 signals expansion while one below indicates contraction.
AAA-Sje
(RADIOCOR) 05-06-24 15:55:43 (0504) 5 NNNN