May Manufacturing Index Rises

The May Manufacturing Purchasing Managers Index Rose to 52.3 from 52.1 in April.  Aprils’ Level was a 6 Month Low. The Initial Estimate for May was 51.9. “The May Survey Paints a Downbeat Picture of U.S. Manufacturing Business Conditions. Output, Order Books and Employment are All Growing Modestly, Suggesting the Sector is at Risk of Stalling, said Chris Williamson, Chief Economist at Markit” For Further Details Click the Link Above.