Chicago PMI “Bounce” Is Dead – PMI Plunges Back To Recessionary Levels

by Tyler Durden
ZeroHedge.com
09/30/2015

The brief dead cat inventory-stacking bounce in Chicago PMI is over… With a print of 48.7, back below 50, (against hope-strewn expectations of 52.9) this is below the lowest economist estimate and the lowest since may 2015. Aside from employment (which somehow rose), the components were ugly with New Orders, Production, and Prices Paid all tumbling. Chicago confirms Richmond, New York, Philly, Chicago, and even Kansas City regional surveys all flashing recessionary warnings.

The Rest…HERE

This entry was posted on Wednesday, September 30th, 2015 at 10:12 am and is filed under Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.