Chicago PMI Actually Beats Expectations At 53.7

chicago, skyline

Photo: Flickr / ifmuth

Next big datapoint of the day: Chicago PMI, which is another regional manufacturing index.Analysts expect a reading of 52.5, down from 52.9.

Generally, the regional surveys, either conducted by the Feds or other organisations, have been quite weak.

NAPM-Milwaukee, which ame out this morning, was horrible.

Yesterday’s Dallas Fed report was also quite bad.

We’ll have the number here at 9:45.

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