Thursday, March 01, 2007

Forex News: 01.03.2007 Chicago PMI falls to 47.9 in February

The Chicago Purchasing Managers Index fell to 47.9 in February from 48.8 in January, suggesting a contraction in regional growth. Economists were forecasting a reading of 50. Among the index's individual components, the prices paid index rose to 63.2 in February from 54.9 a month earlier. New orders rose to 48.7 from 46.3, while the employment index climbed to 50.6 from 42.8.

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