June ISM New York Business Index: 69.3 vs. 89.9 in May. The 20.6-point drop was to be expected...

|By:, SA News Editor
June ISM New York Business Index: 69.3 vs. 89.9 in May. The 20.6-point drop was to be expected because the May level of expansion wasn't sustainable, but future optimism was less broad based than in prior months.