Chicago Purchasing Managers Index At 60.6
(For October 2010)
Chicago Purchasing Managers Index was reported at 60.6. The consensus was at 58.0, prior reading at 60.4.
Regional manufacturing surveys signal improvements in October. Using rule of thumb I would say that industrial production in October will be unchanged.
Chart 1. ISM vs. Chicago PMI and Regional Manufacturing Surveys
Chicago Purchasing Managers Index, Dallas FED Manufacturing Activity, Empire State Manufacturing Survey, ISM Manufacturing Index, Philadelphia Fed General Business Conditions Index, Richmond FED Manufacturing Survey