May US ISM services 49.9 vs 52.0 expected ...Middle East

Prior was 51.6Prices paid: 68.7 vs. 65.1 priorNew orders: 46.4 vs. 52.3 prior -- first negative reading in a yearEmployment: 50.7 vs. 49.0 priorBusiness activity: 50.0 vs. 53.7 priorSupplier deliveries: 52.5 vs. 51.3 priorInventories: 49.7 vs. 53.4 priorBacklog of orders: 43.4 vs. 48.0 priorNew export orders: 48.5 vs. 48.6 priorImports: 48.2 vs. 44.3 priorInventory sentiment: 62.9 vs. 56.1 prior

There was a time when a report like this would truly rattle markets but it's turned into a 'boy who cried wolf' scenario with consumers continuing to spend (and the government continuing to spend too). Notably, there is some USD selling on this and Treasury yields have ticked lower by 2-4 bps. USD/JPY is now down 80 pips on the day and fell about 50 pips on this.

Comments in the report:

“Tariff variability has thrown residential construction supply chains into chaos. Many items are still manufactured in southeast Asia, and suppliers are beginning to test the waters for increases. Major heating, ventilation and air conditioning equipment manufacturers are passing on their cost increases due to higher refrigerant and steel commodity prices. Planning is difficult for community projects that could be scheduled for the next 22 to 30 months.” [Construction]“Steady, with some signs of growth and opportunity.” [Finance & Insurance]“Federal budget cuts are affecting purchasing decisions.” [Health Care & Social Assistance]“Tariffs remain a challenge, as it is not clear what duties apply. The best plan is still to delay decisions to purchase where possible.” [Information]“Due to the tariffs, we’ve had had small price increases on our international raw materials, and some suppliers are holding back inventory to cover uncertainties. We’ve seen some slowdown in the production of new wells, but there has been an increase in restimulation of existing wells.” [Mining]“Life science startups continue to push forward on clinical trials and market launches. The level of investment grew this month. The impacts of tariffs are being watched but are not driving changes in strategic plans.” [Professional, Scientific & Technical Services]“The projects are slowly starting to be issued, albeit with a great deal of market uncertainty.” [Public Administration]“Business is strong. Consumer concerns over tariffs may be driving some demand.” [Retail Trade]“Tariffs have increased the cost of doing business. It’s too early to tell what the lasting impact of this will be. We have tried to budget for the increase, but it has been a moving target. Overall, we are seeing a leveling off in business activity; time will tell if this is temporary or long lasting.” [Transportation & Warehousing]“Business activity is increasing due to demand for data centers, commercial growth and infrastructure. Residential growth remains flat.” [Utilities] This article was written by Adam Button at www.forexlive.com.

Hence then, the article about may us ism services 49 9 vs 52 0 expected was published today ( Wednesday 04/06/2025 - 05:13 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( May US ISM services 49.9 vs 52.0 expected )

Last updated : 04 June 2025 clock 05:13 PM

Also on site :

May US ISM services 49.9 vs 52.0 expected ...Middle East

Prince Harry, Meghan Markle’s reunion with King Charles ‘wasn’t entirely warm and fuzzy’: royal expert

South Korea’s fruit exports hit record high in H1 2026

Jim Parsons was ‘Miserable’ During Peak ‘Big Bang Theory’ Popularity: ‘I Wouldn’t Do That Again and For Any Amount of Money’

Brewers Place Sal Frelick On 10-Day Injured List

Stressed out by the World Cup? You’re not alone

A month after mass layoffs at Bungie, Marathon game director Joe Ziegler is leaving the studio

Why was MetLife Stadium chosen to host Spain vs Argentina FIFA World Cup 2026 final? Read details

Norman throws hat in ring for Graham’s Senate seat

Senatobia officer involved in fatal shooting of Black toddler was accused of making a racially offensive remark two days prior

Descendants: Wicked Wonderland Team Answers Our Burning Questions: Deleted Scenes, Red's Dad, And More

Atlantic Hurricane Season Stirs As Storm Threat Looms For Millions In South

Megan Fox takes savage swipe at exes after haters labeled her lingerie photos ‘embarrassing’

Opinion: Tech in California’s new cars creates thorny political issues

Joe Caldwell, ‘Dark Shadows’ Writer, Dies at 97

Johnny Cash and Elvis Presley Recorded the Same Song Before a Big Change