May Chicago PMI 55.2 vs 57.0 expected

Details of the May Chicago PMI
– Lowest since January
– Prior was 58.3
– New orders slow
– Employment slows
– Production slows
– Prices paid rise at slower pace
It’s a miss but it’s still well-above 50. The question is: What does the US dollar need to stay strong? Lately, the series of misses has started to weigh more heavily.

May Chicago PMI 55.2 vs 57.0 expected

Details of the May Chicago PMI
– Lowest since January
– Prior was 58.3
– New orders slow
– Employment slows
– Production slows
– Prices paid rise at slower pace
It’s a miss but it’s still well-above 50. The question is: What does the US dollar need to stay strong? Lately, the series of misses has started to weigh more heavily.