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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ild who wrote (70621)	9/29/2006 10:26:02 AM
From: CalculatedRisk	Read Replies (1) of 110194

Chicago purchasing managers index shows strength marketwatch.com WASHINGTON (MarketWatch) -- Business activity expanded at a rapid rate in the Chicago region in September, the NAPM-Chicago reported Friday. The Chicago purchasing managers' index rose to 62.1% in September from 57.1% in August. It's the highest reading in a year. Readings over 50% indicate that most firms surveyed are reporting growth. Economists were expecting a decline to about 55.7% in September. The new orders index rose to 67.3% from 59.6%, while the production index rose to 67.4% from 61.7%. The strong reading points to a robust level in the national sentiment index to be released Monday by the Institute for Supply Management

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