The economy remained flat in May, the government said Tuesday. In its monthly economic report, the government also described the spread of severe acute respiratory syndrome as a risk factor.

It left its economic assessment unchanged for the third month in a row, stating that, "While the economy has become roughly flat, uncertainty still remains." This mirrors the wording used in the April report.

Dropping any reference to Iraq as a risk factor, the report instead cites SARS as a concern.