The Institute for Supply Management’s purchasing managers index was 54 last month, its highest reading since May 2022. Readings above 50 indicate sectoral expansion. Analysts polled by The Wall Street Journal expected a reading of 53.2.
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I am alone, and feel the charm of existence in this spot, which was created for the bliss of souls like mine.
Growth in manufacturing activity in the Philadelphia Fed’s region pulled back in May, although firms remained optimistic about the forward outlook Source link
Higher gasoline prices and the tense standoff in the Middle East helped push consumer sentiment to a new all-time low in May, with rising anxiety […]
