U.S. M&A deal activity decreased in June, going down 2.9% with 989 announcements compared to 1,019 in May. Aggregate M&A spending decreased as well. In June, 22.1% less was spent on deals compared to May.

• In terms of M&A deal activity, 7 of the 21 sectors tracked by FactSet saw an increase in M&A deal activity over the past three months relative to the same three-month period one year ago. The five sectors that witnessed the largest increases in M&A deal volume were: Technology Services (744 vs. 701), Electronic Technology (89 vs. 64), Producer Manufacturing (181 vs. 165), Transportation (74 vs. 60) and Non-Energy Minerals (74 vs. 60).
• On the other hand, 13 of the 21 sectors tracked by FactSet saw a decrease in M&A deal activity over the past three months relative to the same three-month period one year ago. The five sectors that witnessed the largest declines in M&A deal volume were: Finance (517 vs. 688), Commercial Services (343 vs. 392), Consumer Services (183 vs. 230), Distribution Services (123 vs. 167) and Retail Trade (79 vs. 103).