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Re: Tuff-Stuff post# 504777

Thursday, 03/28/2013 10:05:41 AM

Thursday, March 28, 2013 10:05:41 AM

Post# of 648882
Mar. Chicago PMI: 52.4 vs. 56.1 expected, 56.8 prior.

The big drop is led by a sharp fall in New Orders (to 53 from 60.2), and Production (51.8 from 60.2). Backlogs disappear as well, declining to 45 from 50.9. Prices, of course, held up at 61 from 61.8. "Lots of noise of large orders coming, but still waiting to see them," reads one comment.

Concentrate, and ASK the 8-Ball!

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