Chicago PMI moves up to 60.4 in Sept.

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Forum Policy

Return to Index

TFC Commodity Trading Forum

Chicago PMI moves up to 60.4 in Sept. (by Greg Robb)

WASHINGTON (MarketWatch) -- Manufacturing activity in the Chicago region expanded at a more rapid pace in September, according to media reports of the Institute for Supply Management-Chicago Inc.'s activity index released on Friday. The Chicago purchasing managers index rose to 60.4 from 56.5 in August. The rise was unexpected. Analysts were looking for a slight decline. Readings over 50 indicate overall business expansion. The Chicago PMI is the last of a series of regional indicators that give clues to the national Institute for Supply Management manufacturers' survey for September to be released on Monday. Based on other regional readings, economists expect the September ISM manufacturing composite to slow a bit more to 50.5 from an August reading of 50.6. This is down from an average reading of 58.8 in the first six months of the year.

Forum Policy

Return to Index