May ISM = 52.8

This morning, the May ISM index came in at 52.8. That’s a bit above expectations. It’s also the first monthly increase since October.

Construction spending rose 2.2% in April to hit $1 trillion. That’s the highest in six years.

The BEA also said that personal income rose 0.4% in April. Spending was flat. That means Americans are saving a little more.

Posted by on June 1st, 2015 at 10:20 am


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