Chicago PMI Collapses From ‘Mysterious’ January Bounce As Employment Crashes To 7 Year Lows

by Tyler Durden
ZeroHedge.com
02/29/2016

Following the biggest beat on record in January jumping to 55.6, Chicago PMI collapsed in February to a stunning 47.6 – below the lowest estimate from economists. The entire report is a disaster with New orders tumbling, production sharply lower, and employment contracting for the 5th month in a row – to its lowest since March 2009. As one respondent warned, business was just “limping along at the moment with little promise in sight.”

The Rest…HERE

This entry was posted on Monday, February 29th, 2016 at 11:55 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.