Welcome to the TFC Commodity Trading Forum.
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.

TFC Commodity Trading Forum

Chicago PMI shows slowing expansion in October

Chicago PMI shows slowing expansion in October (by Steve Goldstein)

WASHINGTON (MarketWatch) -- The Chicago business barometer, also widely known as the Chicago PMI, edged back to a 58.4% reading in October from 60.4% in September. The reading was exactly in line with a MarketWatch-compiled economist poll. The employment index was the highest in six months and order backlogs moved back above the 50-expansionary threshold, but new orders declined to 61.3% from 65.3%. The national Institute of Supply Management's manufacturing index is due for release Tuesday.