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Chicago PMI remains at its lowest level since 2009

PMI Chicago PMI remained unchanged at 46.3, impaired a little expectation of experts “, is expected to return to 51.4. He remained at the level of minimal since 2009, and the decline in the index for 5 months – the highest since 2008, writes portal zerohedge.com.

PMI Managers Association in Chicago – Chicago is the resultant survey of purchasing managers in the industrial sector. Index affects the level of production orders, inventories in warehouses and prices for its products. If the figure is below 45-50, this indicates a slowdown in economic development. For an index of business activity Managers Association in Chicago is very carefully monitored as it is published before the release of the index of business activity of the National Association of Managers. Has little impact on the market forex. Can be the basis for forecasting the national index of business activity. The growth index of the dollar strengthens. Published monthly on the last business day.

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