Paper Economy - A US Real Estate Bubble Blog
A Blog dedicated to tracking the decline of the greatest asset bubble in US history.
Wednesday, June 01, 2016
ISM Manufacturing Report on Business: May 2016
Institute for Supply Management
released their latest
Report on Business for the manufacturing
sector indicating that manufacturing activity improved slightly in May staying just above the contraction level for a third straight month.
At 51.3 the purchasing manager’s composite index (PMI) increased 0.98% from April but fell 2.84% below the level seen a year earlier.
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