Chicago PMI Was So Good It Decided To Come Out Early

Chicago PMI Was So Good It Decided To Come Out Early

The Chicago PMI is supposed to come out at 9:45 AM ET, but on Wednesday, it appeared at 8:20 instead, with no explanation that I was immediately aware of. This is a somewhat noisy series that has a habit of making headlines when it prints something wild like it did for September. The business activity gauge registered 62.4 for this month, the highest since December 2018. Consensus was looking for just 52. The forecast range was 50.5 to 56.3, so this is anomalous. Employment is still in cont
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