Chicago PMI rises to 55.7 in September from 53.0
Chicago PMI climbed in September to 55.7 from 53.0 in August. Economists
polled by MarketWatch had expected the index, formally known the
Chicago business barometer, to dip to 54.0. Readings above 50.0 indicate
expansion. The Chicago PMI has risen three straight months and the
latest increase is "consistent with modest economic growth," the
ISM-Chicago association said. New orders advanced the highest level
since February, but the employment gauge fell for the third straight
month and was the only component to decline
Umm what?
No comments:
Post a Comment