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Thursday, December 31, 2009
Chicago PMI Revised Downward
It seems like the Chicago PMI released yesterday was too good to be true - The index has been revised downward after adjusting for seasonal factors from 60.0 to 58.7. All other components remain unchanged. Here is the revised chart:
Sandeep Grover is a technology and macro-economics enthusiast. He writes about technology stocks, macro economics and digital media, apart from working as a senior Product Manager at Amazon.com. Sandeep holds an MBA from The Wharton School of the University of Pennsylvania.
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