New York City business activity expanded, according to the Institute for Supply Management-New York’s Report on Business’ current business conditions index.

The current business conditions index jumped to 67.9 in May from 56.9 in April. A reading above 50.0 indicates expansion.

Subscribe Now

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.