Home Breaking: ISM Manufacturing PMI improves to 43.1 in May vs. 43.6 expected
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Breaking: ISM Manufacturing PMI improves to 43.1 in May vs. 43.6 expected

The economic activity in the US’ manufacturing sector contracted at a softer pace in May than it did in April with the ISM’s Manufacturing Purchasing Managers’ Index (PMI) improving to 43.1 from 41.5.

This reading came in slightly worse than the market expectation of 43.6.

Developing story…

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