US Manufacturing Sector Expanded for the Tenth Consecutive Month in May

The ISM Manufacturing Index dropped slightly to 59.7 in May from April’s almost six-year high of 60.4 (unrevised); however, this still indicates that manufacturing in the US expanded for the tenth consecutive month (a reading above 50 signals growth). Market expectations were for a reading of 59.0. Economic activity in Read More US Manufacturing Sector … Read More US Manufacturing Sector Expanded for the Tenth Consecutive Month in May

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