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31st May 2022 22:30U.S., Daily Monitor

Surging oil prices are bad news for many manufac- turers, but shale producers are responding positively.

Regional PMI and Fed surveys for May are mixed, making the ISM a tricky call; we expect a small gain.

May auto sales likely reversed their April jump, but rising vehicle output points to stronger sales ahead.

auto sales caixin capex capital spending construction dallas fed empire state survey energy energy prices fed imports ism ism manufacturing ism survey job openings June labor labor demand manufacturing May mortgage national ism national ism survey oil oil prices pmi pmi surveys policy q4 recession richmond fed stock prices surveys trade u.s. vehicle sales

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