Four reports Thursday show the U.S. economy is still recovering, albeit it slowly. The reports:
• The Institute for Supply Management said its Non-Manufacturing Index registered 55.4% in May, the same as April and March. A reading above 50 indicates growth in the services sector.
The report is considered a key gauge for the health of the jobs market because the service sector accounts for 80% of workers, outside of farm workers.
• Orders to U.S. factories increased in April as a surge in demand for commercial aircraft offset weakness in other areas.