ISM Manufacturing Index
There are further signs of a slowing economy in 2019. The Institute for Supply Management (ISM) Manufacturing Index, while still above 50%, has continued its downward trend, which began in late 2018.
Despite some signs of slowing, the U.S. economy continues to create jobs. Last month the U.S. Bureau of Labor Statistics announced 263,000 new jobs, confirming the strength in the labor market. The unemployment rate ticked down to 3.6 in April.
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