June ISM Non-Mfg Index Slips to 57.0 From 60.1

Siegel, Gary E.
July 2006
Bond Buyer;7/7/2006, Vol. 357 Issue 32418, p2
Trade Publication
The article reports on the decrease of the Institute for Supply Management's non-manufacturing business activity composite index in the U.S. for June 2006. The index has slipped to about 57.0 points from May's 60.1 reading. According to economist, an index reading of below 50 shows a slow down in the economy while above 50 suggest an expansion.


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