Coronavirus: Click Here for the Latest Data Updates from Black Box Intelligence

May Employment Report Points to Solid Labor Market

Key Data ISM (NonManufacturing): -0.6 point; Orders: -5.5 points; Hiring: +6.4 points/ Employment Trends: +0.7%; Productivity: 0% (up from -0.6%) IN A NUTSHELL: “The economy is neither accelerating nor slowing, but the labor market is looking up.” WHAT IT MEANS: The...