ISM Non-Manufacturing Index Eases to 56.9 in May

ISM Non-Manufacturing Index Eases to 56.9 in May

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Interactive Video

Business

University

Hard

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The video discusses the US services economy, highlighting that recent estimates came in slightly lower than expected. It also covers manufacturing numbers, showing non-manufacturing industries remain stable. Additionally, it provides insights into factory orders, which declined by 0.2% in April, aligning with estimates, while March's numbers were revised upwards. Durable goods orders fell by 0.8% in April, with no significant market reaction.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the change in durable goods orders in April?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the overall reaction in the equity market to the economic data?

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