Paper Economy - A US Real Estate Bubble Blog
A Blog dedicated to tracking the decline of the greatest asset bubble in US history.
Friday, June 03, 2016
ISM Non-Manufacturing Report on Business: May 2016
Institute for Supply Management
released their latest
Non-Manufacturing Report on Business
indicating that service related business activity worsened notably in May with the overall non-manufacturing index falling to 52.9 from last months reading of 55.7.
At 55.1 the business activity index weakened since last month falling 7.39% below the level seen a year earlier.
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