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Chicago PMI shows slowing expansion in October

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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-31-11 09:01 AM
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Chicago PMI shows slowing expansion in October
Source: MarketWatch

The Chicago business barometer, also widely known as the Chicago PMI, edged back to a 58.4% reading in October from 60.4% in September. The reading was exactly in line with a MarketWatch-compiled economist poll. The employment index was the highest in six months and order backlogs moved back above the 50-expansionary threshold, but new orders declined to 61.3% from 65.3%. The national Institute of Supply Management's manufacturing index is due for release Tuesday




Read more: http://www.marketwatch.com/story/chicago-pmi-shows-slowing-expansion-in-october-2011-10-31?link=MW_home_latest_news



more economic mexed missages
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-31-11 10:34 AM
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