Purchasing Managers Index slides again in May. The May Purchasing Managers Index stayed in growth territory with a reading of 52.1%, but it’s down 0.7% from the April reading of 52.8%, according to the Institute for Supply Management (ISM) Manufacturing Business Survey Committee. Any reading over 50 points indicates a bullish trend. The index has slipped two months in a row.
All access premium subscription
Only Electrical Marketing newsletter subscribers have access to premium content.
Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.
Sign up for the Electrical Marketing newsletter to get access.