Chicago PMI Tag

Unmatched Month To Month Volatility In Chicago PMI

29 Aug, by Knowledge Leaders Team in Uncategorized

The headline reading for the Chicago PMI blew away consensus expectations for August. Expectations were for the index to rise to 56.4 and the actual data point came in at 64.3. This is after the headline came well below in expectations in July. The series...

Mixed signals coming out of the US

31 Oct, by Knowledge Leaders Team in Uncategorized

There doesn’t seem to be a trend in the US economic releases recently. In the past week we have had weaker housing data (Pending Home Sales), an ok production data point (Industrial Production), below consensus employment report (ADP), a weaker regional survey (Dallas Fed), and...