ISM Non-Mfg. Index Up to 54.5% in May

Siegel, Gary E.
June 2003
Bond Buyer;6/5/2003, Vol. 344 Issue 31650, p2
Trade Publication
The Institute for Supply Management's non-manufacturing business activity composite index increased to 54.5 percent in May 2003 from 50.7 percent in April, on a seasonally adjusted basis. An index reading below 50 percent signals a slowing economy, while a level above 50 percent suggests expansion. The employment index rose to 48.7 percent from 48.2 percent in April 2003.


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