Published by Iain Gilbert on 3rd June 2026
(Sharecast News) - Two key gauges of US services activity painted a contrasting picture in May, with the S&P Global survey pointing to a near‑stall in private‑sector growth, while the Institute for Supply Management's services PMI showed the sector expanding at its fastest pace in three months - underscoring an economy still grappling with elevated price pressures, softening demand and uneven momentum across industries.