Chicago PMI Plunges Anew, Hits Lowest Since 2015

July called - it wants its plunging Chicago PMI back. At a time when market participants are on tenterhooks about the state of the domestic economy, everyone could have done without what looks like a truly dastardly headline print on MNI's Chicago PMI. The gauge registered just 43.2 for this month, a huge decline from 47.1 in September and a mile below even the most pessimistic estimate from 27 economists. The range was 46.5 to 53. You're reminded that September's 47.1 print was itself far

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6 thoughts on “Chicago PMI Plunges Anew, Hits Lowest Since 2015”

With the sidelining of Mulvaney, Trump is running out of sycophants to spin this truly sucky number. Larry? Larry? #MAGA

We need Lou Dobbs as Treasury Secretary!

mfn

October 31, 2019 at 10:27 ams Reply

LOL
Ria

October 31, 2019 at 11:29 ams Reply

That is a good one!
1. derek
  
  October 31, 2019 at 12:54 pms Reply
  
  And highly likely.
  1. mfn
    
    October 31, 2019 at 2:00 pms Reply
    
    Hope you’re right. Final confirmation that Trump’s single greatest requirement in a cabinet or WH appointment is having his ass kissed on a regular basis. Dobbs certainly is the man for that. #MAGA