Friday, June 03, 2016

ISM Non-Manufacturing Report on Business: May 2016

Today, the 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.