May US Logistics Manager’s Index 59.4, 2 straight months of expansion
The US Logistics Manager’s Index for May was 59.4, up by 0.6 points from April’s 58.8. This marks two consecutive months of increasing expansion. Growth rose at an increasing rate for inventory costs, warehousing utilisation and transportation prices; it rose at a decreasing rate for inventory levels, warehousing prices, transportation capacity and transportation utilisation.
The US Logistics Manager’s Index for May was 59.4, up by 0.6 points from April’s 58.8.
This marks two consecutive months of increasing expansion.
Growth rose at an increasing rate for inventory costs, warehousing utilisation and transportation prices; it rose at a decreasing rate for inventory levels, warehousing prices, transportation capacity and transportation utilisation.
