Details from the May 2016 US ISM manufacturing PMI data report 1 June 2016
Prior 50.8
Employment 49.2 vs 49.7 exp. Prior 49.2
Prices paid 63.5 vs 59.8 exp. Prior 59.0
New orders 55.7 vs 55.8 prior
The jump in prices stick out in this report alongside the headline jump.
Employment still in contraction may jangle some nerves ahead of NFP Friday. Export orders stayed put t 52.5 while imports held the magic 50 expansion level.
Participants we're fairly chipper about things but there were some worries.
ISM details
A further push away from the late 2015/early 2016 contraction keeps things going the right way for the Fed but they'll want to see much higher than this. No doubt survey chairman Holcomb will laud this as the best thing since sliced bread.
US ISM manufacturing PMI
