Chicago NAPM comes in well below forecasts

Published on May 31, 2011 by IFX | NEWS   ·   No Comments
The Chicago NAPM's manufacturing PMI for the month of May has come in far below expectations, at 56.6 points, as compared to the previous month's reading of 67.6. Consensus estimates were for a reading of 62.0. Sub-indexes: Almost all of the sub-indexes retreated this month, with production dropping to 56 (from 70.0), new orders...
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