​Chicago PMI Plummets Near COVID Lows As Small Biz/CEO Confidence Soars – Tyler Durden

Chicago PMI Plummets Near COVID Lows As Small Biz/CEO Confidence Soars MNI’s Chicago PMI survey plunged back near COVID lockdown lows in December, falling to a very contraction-y 36.9 (below the lowest analyst estimate of 40)… Source: Bloomberg Under the hood, it was uniformly ugly… Prices paid rose at a slower pace; signaling expansion New orders fell at a faster pace; signaling contraction Employment fell at a slower pace; signaling contraction Inventories fell at a faster pace; signaling contraction Supplier deliveries rose at a faster pace; signaling expansion Production fell at a faster pace; signaling contraction Order backlogs fell at…  — Continue at ZeroHedge News : Read More