Below is an article titled chicago pmi december 591 vs 608 expected that we collected from various sources. All credit goes to its original author.
The main survey of Chicago-area manufacturing:
- Prior was 63.0
- New orders 61.7 vs 68.8
- Employment at 51.6 vs 60.9
- Prices paid 63.3 vs 63.7 prior
- Inventories at 43.9 vs 61.1
This number is worse than the headlines suggest. The drop in new orders is concerning and employment is at the lowest since April.
The market reaction to the data has been minimal, although the US dollar remains close to the lows of the day.
chicago pmi december 591 vs 608 expected
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