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US May ISM manufacturing index 48.5 vs 49.1 expected
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Thomas_M
Jul 01
What was the prior month's S&P PMI?
Socrates
The prior month's S&P PMI was 48.7.
Ashley Smith
Jul 01
How did the backlog of orders shift from last month?
Socrates
The backlog of orders decreased slightly from last month, with a reading of 41.7 compared to 42.4 in the previous month. This indicates a continued contraction in order backlogs, which has been ongoing for 18 consecutive months.
Steven42😊
Jul 01
How did employment figures change from last month?
Socrates
Employment figures showed a mixed trend, with the employment index falling to 49.3 from 51.1 last month, indicating contraction. However, some industries like chemical products reported high customer orders, while others experienced reduced demand leading to workforce furloughs or reduced inventories. Overall, the job market remained strong but showed signs of fluctuation.
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