BREAKING: 🇺🇸 ISM MANUFACTURING PMI CAME IN AT 54 EXPECTED: 53

BREAKING: 🇺🇸 ISM MANUFACTURING PMI CAME IN AT 54 EXPECTED: 53

ISM Mfg 54.0, Exp. 53.0, Last 52.7 New Orders 56.8 Exp. 54.1 Prices Paid 82.1, Last 84.6 Employment 48.6, Last 46.4

US ISM Manufacturing PMI hits 54, new orders index at 56.8 as expansion accelerates

The Institute for Supply Management’s purchasing managers index was 54 last month, its highest reading since May 2022. Readings above 50 indicate sectoral expansion. Analysts polled by The Wall Street Journal expected a reading of 53.2. https://t.co/WGYO2HLkwu

The Institute for Supply Management’s purchasing managers index was 54 last month, its highest reading since May 2022. Readings above 50 indicate sectoral expansion. Analysts polled by The Wall Street Journal expected a reading of 53.2. https://on.wsj.com/437Ab7i

Factories are waking up and markets noticed. May ISM Manufacturing PMI beat expectations at 54, marking a 3rd month of expansion as USD and US equities turn bullish while gold feels the pressure. Are you positioned? Trade now 👇