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US: ISM non−manufacutring rebounds
Tue, May 6 2008, 07:41 GMT
by KBC Market Research Desk
The ISM Non-manufacturing survey for the month of April unexpectedly rebounded above the 50 boom-or-bust level. The index jumped to 52.0 from 49.6, the consensus even expected a slightly decline. Business activity nevertheless declined from 52.2 to 50.9 and orders were little changed at 50.1 (from 50.2) Backlog of orders (50.0 from 47.5), supplier deliveries (56.0 from 49.0), inventory sentiment 63.0 from 60.5 and employment (50.8 from 46.9) were the most striking improvements in this survey. Also price paid continued to move higher from 70.8 to 72.1.
Published on Tue, May 6 2008, 07:44 GMT
Archive
- US: Eco data give no signs of clear improvement yet
Published On Fri, May 16 2008, 09:52 GMT - US: Inflation slows in April
Published On Thu, May 15 2008, 08:02 GMT - US: Import prices and retail sales higher than expected
Published On Wed, May 14 2008, 08:15 GMT - EMU: Retail sales continue to disappoint
Published On Thu, May 8 2008, 07:41 GMT - EMU: PMI results confirmed
Published On Wed, May 7 2008, 07:33 GMT
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