The Institute for Supply Management released a report on Tuesday showing a modest increase by its reading on U.S. manufacturing activity in the month of June.The ISM said its manufacturing PMI crept up to 49.0 in June from 48.5 in May, although a reading below 50 still indicates contraction. Economists had expected the index to inch up to 48.8.The uptick by the headline index partly reflected a tu...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.