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Friday, September 28, 2012

Chicago PMI in contraction. Over to you, ECRI.

Chicago PMI in contraction. Over to you, ECRI.

 Chicago PMI falls into negative territory in Sept. - MarketWatch

The MNI Chicago Report said its purchasing managers' index fell to 49.7 in September from 53.0 in August. Any reading below 50 indicates contraction. This is the lowest level in three years. The size of the decline was unexpected. Economists had expected only a small decline 

Core capital goods orders
April -1.4%
May +2.3%
June-2.8%
July-5.32%
August +1.1%

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