美国服务业活动近一年来首次萎缩 需求急剧回落

Core Viewpoint - The service sector activity in the U.S. fell into contraction for the first time in nearly a year due to a sharp decline in demand and the impact of tariff increases on the economy, leading to accelerated price rises [1] Group 1: Service Sector Performance - The ISM service index dropped by 1.7 points to 49.9 in May, indicating a contraction as it fell below the neutral level of 50, which was below market expectations [1] - The most significant decline was observed in new orders, while the prices paid index reached its highest level since the end of 2022, highlighting the pronounced effects of increased import tariffs on demand and inflation [1] Group 2: Market Reactions - Following the release of the ISM data, U.S. Treasury yields decreased, and the gains in the S&P 500 index narrowed [1] Group 3: Business Sentiment - Steve Miller, chairman of the ISM survey committee, noted that the overall index does not indicate severe contraction but reflects the uncertainty experienced by surveyed businesses [1] - Respondents reported challenges in forecasting and planning due to ongoing tariff uncertainties, leading to delays or reductions in orders until more clarity is achieved [1]