ISM mfg index hits 51.3 in May; construction spending drops 1.8% in April

Please check back for updates.. Economists expected a rise of 0.6 percent for construction spending in April, up from 0.3 percent the prior month, according to Thomson Reuters consensus estimates.. For ISM manufacturing PMI, economists polled by Thomson Reuters expected 50.5 in May, down from 50.8 in April.....(read more)

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