Core Insights - The ISM manufacturing import index for May recorded a level of 39.9, marking the lowest level since 2009 [1] - The ISM export orders index fell to a five-year low of 40.1 [1] Group 1 - The decline in the ISM manufacturing import index indicates a significant contraction in import activity within the manufacturing sector [1] - The drop in the ISM export orders index suggests weakening demand for U.S. manufactured goods in international markets [1]

Core Insights - The ISM manufacturing index in the U.S. dropped to 48.5 in May, below the forecast of 49.5 [1] - The ISM export orders index fell to 40.1, marking a five-year low [1] Group 1 - The decline in the ISM manufacturing index indicates a contraction in the manufacturing sector [1] - The significant drop in the export orders index suggests weakening demand for U.S. manufactured goods internationally [1]