US ISM manufacturing rose to 43.1, May appears to be a transition month

<p>US ISM Manufacturing Index recovered to 43.1 in May, up from 41.5, beat expectation of 42.5. Looking at some details, new orders rose 4.7 pts to 31.8. Production rose 5.7 pts to 33.2. Employment rose 4.6 points to 32.1. All these components stayed deep in contraction. Though, supplier deliveries improved and dropped -8.0 pts to […]</p>
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