U.S. manufacturing kept strength in May

• June 1, 2017
• realestatelife
• Business & Markets, Real Estate Finance

U.S. manufacturing continued to churn higher in May, according to a survey of purchasing managers released Thursday. The Institute for Supply Management said its manufacturing index edged up a tenth of a point to 54.9%. Economists polled expected a reading of 55%. Readings above 50% indicate expansion.