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    Chicago purchasing managers' index plunges to 45.8 in February | 27.02.2015

     

    The Institute for Supply Management released its Chicago purchasing managers' index on Friday. The index declined to 45.8 in February from 59.4 in January, missing expectations for a fall to 58.4. That was the lowest level since July 2009.

     

     

    A reading below the 50 mark indicates contraction.

     

     

    The decline was driven by drops in production, new orders, order backlogs and employment.


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