Details from the June 2015 US ISM manufacturing PMI data report 1 July 2015
- Prior 52.8
- Employment 55.5 vs 52.0 exp. Prior 51.7
- Prices paid 49.5 vs 51.0 exp. Prior 49.5
- New orders 56.0 vs 55.8 prior
Better than expected without setting the world alight. Employment is still strong, as are the order books. That gives the quarter 2 months of increases but there's probably not enough here to give GDP a decent boost
No doubt the ISM's Nieves or Holcomb will be out shortly to say that US manufacturing is the best thing since sliced bread ;-)
US ISM manufacturing PMI