United States ISM Manufacturing Prices Paid below forecasts (60) in May: Actual (57)

Jun 3, 2024

United States ISM Manufacturing PMI came in at 48.7, below expectations (49.6) in May

US ISM Manufacturing PMI drops to 48.7 in May vs. 49.6 expected

The business activity in the US manufacturing sector contracted at an accelerating pace in May, with the ISM Manufacturing PMI dropping to 48.7 from 49.2 in April.