Markit manufacturing index for May
- April manufacturing index was 52.8 - lowest since Sept
- Prelim services index 54.0 vs 53.3 expected (prior 53.1) - highest since Jan
- Composite PMI 53.9 vs 53.2 prior
Soft on manufacturing, strong on services.
Details on manufacturing:
- New orders 53.4 vs 53.6 prior - lowest since Sept 2016
- Output 53.3 vs 53.5 prior
Details on services:
- New orders 54.5 vs 52.7 prior