U.S. ECO PREVIEW: ISM Manufacturing, Construction Due in 5 Mins.
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- ISM Manufacturing PMI seen at 50.3 in May vs 50.8 in April (forecast range 49 to 52); index barely above the 50 level that indicates stagnation.
Alert: HALISTER1- PMI based on business responses to queries on production, orders, inventories, employment and prices
- Construction spending seen rising 0.6% in April after increasing 0.3% in March (forecast range +0.1% to +1.2%); based on value of residential and non-residential projects
Source: BFW (Bloomberg First Word)
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UUID: 7947283