ISM New York Index eased to 46.7 from 55.8 in May

Key quotes from the official report:

"New York City purchasing managers balanced short-term uncertainty with persistent long-term optimism in May, according to the survey taken by the Institute for Supply Management-New York."

"Three survey indices pulled back to levels not seen since before the Presidential election: Current Business Conditions (October), Employment (September), and Current Revenues (August). Despite this, forward-looking optimism and expected revenues remained in growth territory."