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PMI up 0.1 percent from April, and overall economy grew.
Construction spending down 1.4 percent from March.
Annualized growth through April is 8.4 percent.
Most of the 12 districts report modest or moderate economic growth.
Raw materials price index rose 1.7 percent due to higher prices for crude energy products.
Index down in May to 117.9, from 119.4 in April.
The price index for gross domestic purchases increased 2.6 percent.
Decrease driven by 1.2% drop in transportation equipment orders.
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Profit was $602 million for the quarter.
Power Flo Technologies to retain most of all the AAI employees.
2017 1Q Global CFO Signals report noted optimism about the year ahead.
SBS senior management team invested in the transaction alongside High Road.
