ISM Services PMI climbs to 53.8 in May, rebounding from April's contraction

Jun. 05, 2024 10:02 AM ETBy: Liz Kiesche, SA News Editor
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  • ISM Services PMI logged in at 53.8 in May, beating the 51.0 consensus and pulling up from 49.4 in April. The print indicates that the sector's economic activity returned to growth after a month of contraction, according to the Institute for Supply Management.

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