Latest Updates: Related to Inflation

ISM Service Index Signals Weakening Demand

06/05/2023

A widely-expected economic slowdown paired with tighter credit conditions have chipped away at the outlook for U.S. service managers. The ISM composite service index unexpectedly fell from 51.9 to 50.3 in May, the second lowest level in three years and just a fraction above 50, the dividing line between expansion and contraction.

Read the full article

Read more Economic Commentary

Learn More From HilltopSecurities

Powell’s Jackson Hole Speech Reiterates Higher-for-Longer Fed Policy

Rising Energy Prices Set to Boost Late Summer Inflation

Thank you for visiting the HilltopSecurities website.
For best viewing experience, we recommend using Chrome, Firefox, Safari, or Microsoft Edge.