Manufacturing Activity remains strong in May.
Press Release Summary:
June 4, 2010 - According to report by Institute for Supply Management, manufacturing recovery remained strong in May. Overall index edged down slightly from 60.4 in April to 59.7 in May, and there were no significant movements in most of survey components such as production or orders. Recent upturn in housing activity due to expiration of homebuyer tax credit is having positive impact on some industries, while rise in employment component report to 59.9 is highest level in 6 years.
Original Press Release
Manufacturing Activity Remains Strong in May
Press release date: June 1, 2010