Details from the May 2016 US Markit services PMI flash report 25 May 2016

  • Prior 52.8
  • New orders 51.7 vs 52.3 prior
  • Employment 51.8 vs 53.1. Lowest since Dec 2014
  • Prices rec'd to the highest since Nov 2015
  • Composite 50.8 vs 52.4
  • New orders 51.7 vs 52.2 prior
  • Employment 51.7 vs 52.6 prior Lowest since Apr 2014
  • Input prices to the highest since Jul 2015

Still expanding but softer this month. As we're throwing data into the June FOMC bowl, it's a sign of things slowing.