ISM New York June business conditions 50.0 vs 48.6 prior

Business conditions survey from ISM New York

• Prior was 48.6
• Prices paid hit 12 month low
• Index 882.1 vs 882.1 prior
• Current conditions 50.0 vs 48.6 prior
• Six month outlook 51.0 vs 56.3 prior
• Goods purchased 34.2 vs 56.6 prior

The headline is good but the forward-looking six-month business index fell to the lowest since May 2009. That drop in 'goods purchased' is also an ugly one.

This is a more-volatile index and not one that's closely-followed in markets but it's an uncertain time and every bit of data counts right now.