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Chicago PMI weakened to the lowest level since April 1982
The Chicago Purchasing Managers reported the CHICAGO BUSINESS BAROMETER weakened in November to the lowest level since the recession month of April 1982:
- PRICES PAID declined toward neutral, reaching the lowest level since July 2003;
- ORDER indexes reached two decade lows
- EMPLOYMENT continued year-long decline, reaching a 6 year low;
- BUYING POLICY: Longest PRODUCTION lead-time in 28 years.
Posted: November 26, 2008 Wednesday 10:05 AM