ISM-New York May 2014 Report on Business
ISM-New York May 2014 Report On Business At 55.3 - Spring Bounce!
Current Business Conditions were 55.3 in May after hitting a ten month low in April.
Future optimism bounced off a five year low. The Six-Month Outlook rose to 69.7 in May, the highest in three months.
Job growth shifted back to neutral after contracting last month. Employment was 50.3 in May.
Purchase volume accelerated off the worst reading in three and a half years. Quantity of Purchases came in at 58.9 in May.
Prices Paid expanded at a solid 58.6 in May, but remained below February's three year high.
Growth in the top line and for forward guidance improved from a six-month low. Current Revenues were 58.7 in May, and Expected Revenues were 68.0 in May.
Potential Business Oppotunities/
For a complete copy of the May 2014 Report on Business, visit our website at http://www.ismny.org.