November Chicago PMI Of 62.5 Is Much Better Than Expectations

The number:

Analysts were looking for 59.6. It’s also ahead of the 60.6 we got in October.

It’s the highest level since April 2005.

The full publication will be found here.

Background: A little taster ahead of tomorrow’s big November ISM report… The November Chicago PMI is expected to come in at 59.6 compared to 60.6.

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