Tuesday, April 01, 2008 10:00:13 AM
The Chicago PMI, which came out yesterday was 48.2 and last months was 44.5. According to the same Briefing.com site:
"The Chicago PMI index, which is released on the last business day of the month (with data for the same month), has an impressive 91% correlation with the national ISM."
Could this explain today's gap? Interesting...
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