🇺🇸*ISM MAY MANUFACTURING PMI 61.2, EST. 60.9, PREV. 60.7

ISM:

New Orders ISM’s New Orders Index registered 67 percent.

Production The Production Index registered 58.5 percent

Employment ISM’s Employment Index registered 50.9 percent

Supplier Deliveries The delivery performance of suppliers to manufacturing organizations was slower in May, as the Supplier Deliveries Index registered 78.8 percent

Inventories The Inventories Index registered 50.8 percent in May, 4.3 percentage points higher than the 46.5 percent reported for April.

Customers’ Inventories ISM’s Customers’ Inventories Index registered 28 percent. None of the 18 industries reported higher customers’ inventories in May

Prices The ISM Prices Index registered 88 percent.

Backlog of Orders ISM’s Backlog of Orders Index registered 70.6 percent.

New Export Orders ISM’s New Export Orders Index registered 55.4 percent.

Imports ISM’s Imports Index registered 54 percent.