ISM/PMI

[Skip to the end] Karim writes: Shocker is employment component of Chicago PMI ->up from 47.6 to 59.8; was at 38.1 in October. ISM employment component has been above 50 for the past 3mths but hasn’t translated into real job gwth. Full Chicago details: Jan Dec Activity 61.5 58.7 Prices paid 66.2 55.6 Production 66.6 64.2 New Orders 66.4 64.4 Order backlogs 54.3 52.0 Inventories 48.7 38.6 Employment 59.8 47.6 Final Michigan Survey up to [...]