The Ivey Purchasing Managers Index (PMI), an economic index which measures the month to month variation in economic activity, rose to 61.8 in May from 56.2 in April and surpassed the market expectation of 56.2. Below are the (not seasonally adjusted) sub-indexes.
- Ivey Employment Index 59.4 vs 54.5 in April.
- Ivey Inventories Index 55.3 vs 47.4 in April.
- Ivey Supplier Deliveries Index 53 vs 50.6 in April.
- Ivey Prices Index 59.5 vs 62.5 in April.
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