Wednesday, October 1, 2014

Chicago PMI Worsens, Consumer Confidence Falls More Than Expected

Business activity in the Midwest region of the U.S. remains very optimistic; however, pace of expansion decreased slightly in September. The benchmark Chicago purchasing managers' index dropped to 60.5 points, down from 64.3 points in August. Economists estimated the indicator at 62 points' mark. Still, reading above 50 indicates growth



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