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Chicago PMI falls

By BFN News | 02:55 PM | Friday 29 May, 2015


The Chicago Institute for Supply Management's Purchasing Managers' Index -known as the Business Barometer - fell to 46.2 in May, down from 52.3 lin April. The Chicago ISM says the fall casts doubt on the strength of the widely expected bounceback in the US economy in the second quarter. All five components of the Barometer weakened with three dropping by more than 10% and all of them now below the 50 breakeven mark Story provided by StockMarketWire.com

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