Whoops: Chicago PMI Shows Contraction

{ Posted on Sep 30 2009 by Joe Weisenthal }
Categories : All, Clusterstock

sad family

Not good.

Reuters:  The Institute for Supply Management-Chicago business barometer fell to 46.1 in September from 50.0 in August.

Economists had forecast the index at 52.0. A reading above 50 indicates expansion in the regional economy.

GDP may turn positive as many expect, bug it doesn't look like a "V" at all.

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