Banks--- Betting on the recovery Message Board

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Non-Tech : Banks--- Betting on the recovery

WFC 85.05

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3:59 PM EST

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To: Travis_Bickle who wrote (402)	4/30/2009 12:50:07 PM
From: tejek	of 1428

Chicago PMI Jumps More than Expected (CEP News) - Business activity in the Chicago area climbed more than economists expected in April, with the Chicago Purchasing Managers Index up to 40.1, against expectations of a 35.0 reading. The index came in at 31.4 in March. Order backlogs rose to 36.9 from 21.3, while new orders climbed to 42.1 from 30.9. Falling inflation continues, with the prices paid component dropping to 28.4 from 34.1. Production was up to 38.1 from 32.7. Inventories dropped to 30.6 from 34.9, and the employment component improved to 31.8 from 28.1. economicnews.ca

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