Photo: Stephen Brashear/Getty Images
A key reading of business conditions in the Midwest showed a surge in manufacturing activity, new data out of the Institute for Supply Management Milwaukee shows.Click here for updates >
The index improved to 57.7 in May, above April’s 52.9 reading and substantially above economist forecasts for a jump to 53.4.
A reading above 50 indicates expansion.
Business Insider Emails & Alerts
Site highlights each day to your inbox.