Dallas Fed manufacturing unexpectedly shrinks in May

Manufacturing activity in Dallas shrank in May after improving in the prior two months.
The index of general business activity fell to -20.8. Economists had forecast an improvement to -8 from -13.9 in April, according to Bloomberg. 
New orders plunged 20 points after turning positive in the previous month. The gauges of capacity utilization and shipments also fell back below zero. 
Most other regional manufacturing indexes, including those from New York, Richmond an