Chicago PMI Below 50 For Seven Straight Months—Never Happened Outside Of Recession

Having tumbled by the most in 39 years last year, Chicago PMI has no been in contraction (sub-50) for 7 months in a row – something it has not done outside of recession… ever

Source: Bloomberg

 

 

 

 

https://www.zerohedge.com/economics/chicago-pmi-plunges-lowest-4-years