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U.S. services sector contracts in May, signaling economic uncertainty amid tariff concerns.
The U.S. services sector unexpectedly contracted in May, with the ISM Services Purchasing Managers' Index (PMI) dropping to 49.9, below the expected 52.0.
New orders and business activity also fell, but employment increased to 50.7, and prices rose to their highest since November 2022.
The decline signals economic uncertainty due to tariff uncertainties, affecting planning and ordering.
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Los contratos del sector de servicios de EE.UU. en mayo, señalando la incertidumbre económica en medio de preocupaciones arancelarias.