The Institute for Supply Management’s non-manufacturing business activity composite index was 51.7 in May, down from 52.0 in April, on a seasonally adjusted basis, the group said yesterday.
Economists polled by IFR Markets had expected a 51.0 level.
Independent and authoritative analysis and perspective for the bond buying industry.
14-Day Free Trial
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In