5 Jul 2017
US: Current Business Conditions came increased to 55.5 in June - ISM NY
"Current Business Conditions came in at 55.5 in June, returning to nearly the same level seen in April after a one month drop below break-even to 46.7 in May," said the Institue for Supply Management New York.
Key highlights:
- The Six-Month Outlook, which addresses expectations for December 2017, decreased for the fourth consecutive month without leaving growth territory, coming in at 64.5 in June
- The six-month outlook has been a reliable short-run guide for current business conditions over time
- Employment, a seasonally adjusted index, nearly broke even in June, coming in at 49.0, the highest finding in six months
- Quantity of Purchases fell to precisely the breakeven point of 50.0 in June, down from 55.3 in May.