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U.S. Factory Activity Expands in May
Strong Bullish
100.0
−100 Bearish
0
+100 Bullish
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.
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Sentiment Signal
Strong Bullish
100.0
−100Neutral+100
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