The May ISM manufacturing index registered 56.1, topping expectations of a 54.5 print. The index rose 0.7 percentage points from the April reading of 55.4. New orders rose by 1.6 percentage points to 55.1, while new export orders rose by 0.2 percentage points to 52.9. The backlog of orders sub-index came in at 58.7, rising […]

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