November Chicago PMI comes in lower than expected
Youtube·2025-11-26 23:09
Yeah, that's right, Carl. It's not very good. This is a November read on Chicago PMI.We're expecting a number above 40. We end up with 36.3%. That would be the lowest level going back to May of 24.It's now been 2 years since we've been above 50 or expansion territory. November of 23 was the last time we were over 50. So Chicago manufacturing doesn't seem to be doing very well.But that weak greed is definitely pushing yields up a bit which really makes one scratch their head. We do see the uh stock market al ...