1.Factory order up 0.7%, market expected 0.9%.

Shipments fell 0.2 percent, the ninth consecutive drop, though at a much slower pace than the 1.8 percent fall in March.

Orders for motor vehicle parts and assemblies rose 2.2 percent in April. A 5.8 percent jump in transportation equipment, which includes motor vehicles, drove the overall increase in factory orders.

Orders for big-ticket durable goods, such as industrial machinery and appliances, rose 1.7 percent, down slightly from the government's initial estimate last week of a 1.9 percent rise.

Orders for non-defense capital goods excluding aircraft, a measure that is seen as a proxy for business investment, fell 2.4 percent in April, a sign that businesses are still cutting back on spending amid the weak economy.

In April, orders for machinery increased 0.6 percent, while electrical equipment and appliance orders rose 0.9 percent. Consumer goods, such as food, chemicals and paper products, dipped 0.1 percent.

And an important measure of new orders placed with U.S. factories rose to 51.1 in May. It was the first time this barometer had grown since November 2007, the month before the recession began.

2.ISM services 44 up from 43.7, but missed market expect@45.

The Institute for Supply Management said Wednesday that its services index registered 44 in May, up slightly from 43.7 in April. It was the highest reading since last October, when the index was at 44.6.

But it was the eighth straight monthly decline and was slightly below economists' expectations. Any reading below 50 indicates the services sector is shrinking. The last time the index was at 50 or higher was in September.

The data signaled that conditions were "nowhere near as bad as late last year and earlier this year. While some further drift upward is likely as the rate of economic decline slows, we do not expect this indicator to flash a sustained 'all-clear' signal anytime soon," MFR's chief U.S. economist Joshua Shapiro wrote in a research note.

In the U.S., six of the service industries surveyed reported growth, including real estate, retail and food services.

But all-important consumer spending dipped 0.1 percent in April, even as Americans' incomes rose, according to the Commerce Department. It was the second straight month consumers cut back after a spending burst earlier this year. Any growth in the services sector will be fueled by the willingness of consumers and businesses to buy.

The level of new orders, essential for businesses' expansion, shrank faster, falling back to 44.4 last month from 47 in April, a big disappointment. The new orders are a trigger for ramping up production and hiring, and had risen from 38.8 in March, giving hope of a turnaround. The ISM companion index for manufacturing on Monday showed new orders in May turned positive for the first time since November 2007.

"Everyone was hoping we'd bottomed out, going more sideways" because of the April data, said Anthony Nieves, chair of the ISM's non-manufacturing survey committee and a vice president at Hilton Hotels Corp. "We're just not there yet."

3.Oil inventory up 2.87 mb

这个跟OPEC偷偷增产有关，但糟糕的是汽油库存下降幅度大大低于预期。
Stockpiles of gasoline fell by 200,000 barrels, less than the 1.5 million barrels analysts predicted。反映的是美国人节日出游的减少了。