The ISM of services registers a historical maximum with 64 points in May

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The index US ISM services PMI has risen to 64 points in May from 62.7 in April, improving the 63 expected by the market, and marking a new all-time high.
The previous record was reached in March at 63.7. The May reading indicates the twelfth consecutive month of growth for the services sector, which has expanded in all but two of the last 136 months.

The ISM for new service orders has risen to 63.9 from 63.2 the previous month, surpassing the 57.9 points predicted by experts.

The ISM employment non-manufacturing has fallen to 55.3 from 58.8 points previously, its worst result in three months. In addition, it has disappointed the estimated 58 points.

Finally, the ISM of prices paid has shot up to 80.6 in May, improving the 75.9 of the consensus and the previous 76.8.

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