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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Cogito Ergo Sum who wrote (8510)6/30/2004 10:31:09 AM
From: mishedlo  Read Replies (1) of 116555
 
Chicago PMI factory gauge at 56.4% in June
Wednesday, June 30, 2004 2:18:39 PM
CHICAGO (AFX) -- A measure of manufacturing business in and around Chicago stood at 56.4 percent in June, the Chicago Purchasing Managers group said Wednesday. The pace of expansion is much slower than economists were expecting. The average of a survey conducted by CBS MarketWatch was for a reading of 65.2 percent for this month. The index has shown expansion for 14 straight months. The report is a diffusion index; readings above "50" indicate expansion.
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