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Daily Roundup of Key US Economic Data for May 5

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The ISM's services index fell to 53.6 in April from 54.0 in March, with gains in the readings for production and employment and declines for new orders and inventories.

The S&P Global nonmanufacturing index was revised lower in April to 51.0 from the flash 51.3 estimate but was above the 49.8 reading in March.

The RealClearMarkets's sentiment index, the first consumer measure for May, fell to 42.6 from 42.8 in April, with the components mixed. Any reading below 50 indicates more pessimism than optimism.

Job openings declined in March while hiring surged, but separations were also up from the previous month.

New-home sales rose to a 682,000 annual rate in March from a 635,000 rate in February, up 3.3% from the level in March 2025.

The international trade deficit widened to $60.31 billion in March from $57.78 billion in February as imports rose faster than exports.

Redbook reported that US same-store retail sales were up 7.8% year-over-year in the week ended May 2, slightly faster than a 7.7% gain in the prior week due to due to warmer weather and Mother's Day sales.

The Q2 GDP nowcast estimate from the Atlanta Fed is for a 3.7% gain, up from the previous estimate of a 3.5% gain.

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