ISM NY: Business Conditions index improves to 66.9 in May from 64.3 in April

Eren Sengezer FXStreet

According to the latest report published by the Institute for Supply Management-New York, the seasonally adjusted Current Business Conditions index rose to 66.9 in May from 64.3 in April. Below are the changes witnessed in the sub-indexes, as reported by Reuters.

Manufacturing Activity index improved to 58.7 in May (consensus 58.1) from 57.3 in April.
Manufacturing Prices Paid index 79.5 in May (consensus 78.2) vs. 79.3 in April.
Manufacturing New Orders index rose to 63.7 in May from 61.2 in April.
Manufacturing Employment index 56.3 in May (consensus 54.5) vs. 54.2 in April.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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