U.S. Factory Activity Expands in May
The Institute for Supply Management’s purchasing managers index was 54 last month, its highest reading since May 2022. Readings above 50 indicate sectoral expansion. Analysts polled by The Wall Street Journal expected a reading of 53.2.
The Institute for Supply Management’s purchasing managers index was 54 last month, its highest reading since May 2022. Readings above 50 indicate sectoral expansion. Analysts polled by The Wall Street Journal expected a reading of 53.2.
The Institute for Supply Management’s purchasing managers index was 54 last month, its highest reading since May 2022. Readings above 50 indicate sectoral expansion. Analysts polled by The Wall Street Journal expected a reading of 53.2.
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