Chicago PMI slumped to a three-and-a-half year low of 49.0 in April, down from 52.4 in March and at a reading indicating contraction. Economists polled by MarketWatch had expected a 52.5 reading. Order backlogs were particularly weak, falling to 40.6 from 45.0. The Chicago PMI is the last of the regional manufacturing indexes to be released before the national Institute for Supply Management manufacturing index for April.
Tuesday, April 30, 2013
Chicago purchasing-managers report slumps to 3 1/2-year low
http://www.marketwatch.com/story/chicago-pmi-slumps-to-35-year-low-in-april-2013-04-30
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