ISM Non-Manufacturing Index Eases to 56.9 in May

The video discusses the US services economy, highlighting that recent estimates came in slightly lower than expected. It also covers manufacturing numbers, showing non-manufacturing industries remain stable. Additionally, it provides insights into factory orders, which declined by 0.2% in April, aligning with estimates, while March's numbers were revised upwards. Durable goods orders fell by 0.8% in April, with no significant market reaction.

What was the estimate for the services economy figure in the US?

• 56.957

• 57.000

• 58.200

• 55.500

How did the factory orders for April compare to expectations?

• They matched expectations

• They were lower than expected

• They were not reported

• They were higher than expected

What was the revised percentage gain for March's factory orders?

• 0.5%

• 1.0%

• 1.5%

• 2.0%

What was the percentage change in durable goods orders for April?

• 0.5% decrease

• 0.8% decrease

• 0.2% increase

• 1.0% increase

How did the equity markets react to the durable goods orders report?

• They were highly volatile

• They rose significantly

• They fell significantly

• There was little reaction