Urethane Blog
Chicago PMI hits highest level since May 2019
July 31, 2020
Jul. 31, 2020 9:45 AM ET|By: Gaurav Batavia, SA News Editor
June Chicago PMI: 51.9 vs. 42.8 consensus, 36.6 prior.
New orders and production helped the index higher, while supplier deliveries eased.
Employment ticked up, but remains a depressed 26 with firms continuing to lay off staff as a result of the current health crisis. Some companies, however, reported difficulties in finding new staff.
At 51.9, the PMI is at its highest level since May 2019, and ends a streak of 12 consecutive months in contraction territory.
https://seekingalpha.com/news/3598437-chicago-pmi-hits-highest-level-since-may-2019
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