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Chicago PMI next up

By   || August 31, 2010 at 13:38 GMT
|| 4 comments || Add comment

The market is expecting a drop to 57.0 from 62.3 in July. Chicago is a bit funky in that the auto industry has an out-sized influence on the index and the auto makers did not shut down for retooling this summer as they normally do. That could keep the index higher than many expect, in my view. It will also make the index less of a predictor of the national ISM figures than usual…Just my 2 cents…

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4 Responses to “Chicago PMI next up”

  1. Mike on August 31st, 2010 15:55 GMT

    You are stil 2 hours behind on posting your comments. Is this something new?

  2. Jamie Coleman on August 31st, 2010 15:56 GMT

    Not sure what you mean, mike…

  3. Annie on August 31st, 2010 15:57 GMT

    Mike, I’m not having any delay

  4. Mike on August 31st, 2010 16:15 GMT

    Jamie, this is the last post I have after refreshing the page. I am in Germany.
    Chicago PMI next up
    Written by Jamie Coleman
    August 31, 2010 at 13:38 GMT

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