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CHICAGO PMI BEATS EXPECTATIONS: DOW NOW UP 375 Joe Weisenthal Nov. 30, 2011, 9:45 AM The good news keeps rolling in. The Chicago PMI came in at 62.6, well ahead of expectations of 58.5. The Dow is up 380 now. Stocks were already surging thanks to major central bank intervention, as well as a strong ADP number.

...the Chicago PMI, edged back to a 58.4% reading in October from 60.4% in September. The reading was exactly in line with a MarketWatch-compiled economist poll...

...The Chicago purchasing managers index rose to 60.4 from 56.5 in August. The rise was unexpected. Analysts were looking for a slight decline. Readings over 50 indicate overall business expansion...

MORE CONFIRMATION: The World Economy Is Rolling Over Joe Weisenthal Jul. 1, 2011, 4:11 AM We said something similar on this day last month, but the latest batch of PMI data is confirming that the world economy is still rolling over. * Chinese PMI slipped, and is just above 50. * Italy has gone negative. * Spanish PMI was already negative, and went further negative. * German PMI of 54.6 was just below 54.9 expectations. * UK missed: 51.3 vs. expectations of 52.1. The capper on the day -- ISM for the US -- comes out at 10:00. Expectations are...

WASHINGTON (MarketWatch) — A Chicago-area manufacturing gauge unexpectedly accelerated in June, according to data released Thursday, confounding expectations after other regional polls slowed. ISM-Chicago said the Chicago business barometer, which also is called the Chicago PMI, rose to a 61.1% reading from a 56.6% level in May to break a three-month losing run. Economists were surprised by the report, as a MarketWatch poll braced for a 55.0% reading. The advance was all the more surprising since regional manufacturing data out of Philadelphia and New York slowed, and the Chicago area is more exposed to the automobile sector, where production has...

US Stocks Already Rallying After Strong Data Out Of Asia Joe Weisenthal Oct. 1, 2010, 4:30 AM US futures are already a bit higher on this first day of the month, following two straight days of selling to end October. The big boost has come out of China, where the PMI came it hotter than expected.[snip]

President Bill Clinton to Address Globalization, Progress at PMI Global Congress 2010-North America President Bill Clinton will deliver the keynote address at PMI Global Congress 2010-North America in Washington, D.C., 10 October 2010. This year's Congress will take place at the Gaylord National Resort and Convention Center from 9-12 October.

China's economy shrinks Beijing, Dec 1: The Purchasing Managers' Index (PMI) of China's manufacturing sector dropped to 38.8 percent in November, down 5.8 percentage points from October, indicating that the country's economy has further contracted, the China Federation of Logistics and Purchasing (CFLP) said Monday. It was the index's lowest point since the CFLP initiated the survey with China's National Bureau of Statistics in 2005. It was also the fourth time China's PMI declined below 50 percent within this year, which reflected the country's economy had further contracted, analysts said. The PMI included a package of indices used to measure...

What happened to PMI, or Lenders Mortgage Insurance, in this discussion? Technically, people were supposed to purchase PMI to protect the lender in the event of default. This was a requirement when the borrower did not put down at least 20% cash upon purchase. 20% was considered to be a sufficient amount to assure that the lender did not take a loss in the event of foreclosure. From Wikipedia: "Lenders Mortgage Insurance (LMI), also known as Private mortgage insurance (PMI) in the US, is insurance payable to a lender or trustee for a pool of securities that may be required...

UPDATE - TABLE-Chicago PMI index 65.9 in January Friday January 30, 10:59 am ET (Adds revised previous months data). NEW YORK, Jan 30 (Reuters) - The National Association of Purchasing Management-Chicago said on Friday its index of Midwest business activity rose in January to 65.9 from upwardly revised 61.2 in December. The figures for the previous months reflect annual seasonal revisons. The December number was originally 59.2. . Jan Dec Nov Oct Sept Aug July (seasonal adj) NAPM-Chicago 65.9 61.2 62.9 55.8 53.0 57.9 55.3 Production* 76.5 68.9 68.3 63.9 57.1 61.4 57.8 New Orders* 69.7 66.1 68.5 61.6 54.8...

Chicago PMI index 59.2 in Dec vs 64.1 in Nov Tuesday December 30, 10:06 am ET NEW YORK, Dec 30 (Reuters) - The National Association of Purchasing Management-Chicago said on Tuesday its index of Midwest manufacturing activity fell a bit in December to 59.2 from November's 64.1. . Dec Nov Oct Sept Aug July June (seasonal adj) NAPM-Chicago 59.2 64.1 55.0 51.2 58.9 55.9 52.5 Production* 63.4 69.0 62.0 55.8 61.6 58.4 56.5 New Orders* 65.5 73.3 59.2 53.2 60.5 61.7 54.8 Order Backlog* 50.8 59.6 47.3 50.7 51.0 49.4 45.8 Inventories 40.6 43.4 38.1 52.8 49.8 39.4 48.8 Employment*...

Chicago PMI index 64.1 in Nov vs 55.0 in Oct Wednesday November 26, 10:22 am ET NEW YORK, Nov 26 (Reuters) - The National Association of Purchasing Management-Chicago said on Wednesday its index of Midwest manufacturing activity came in sharply higher in November at 64.1, its highest level since October 1994. The November result easily topped October's already strong level of 55.0 as well as analysts' expectations of 56.0. . Nov Oct Sept Aug July June May (seasonal adj) NAPM-Chicago 64.1 55.0 51.2 58.9 55.9 52.5 52.2 Production* 69.0 62.0 55.8 61.6 58.4 56.5 60.5 New Orders* 73.3 59.2 53.2...

Chicago PMI index 55.0 in Oct vs 51.2 in Sept Friday October 31, 10:06 am ET NEW YORK, Oct 31 (Reuters) - The National Association of Purchasing Management-Chicago said on Friday its index of Midwest manufacturing activity came in for October at 55.0, up from 51.2 in September, but below analysts' expectations of 55.5. But the reading remained above the critical threshold of 50, which separates growth from contraction in the sector. . Oct Sept Aug July June May Apr (seasonal adj) NAPM-Chicago 55.0 51.2 58.9 55.9 52.5 52.2 47.6 Production* 62.0 55.8 61.6 58.4 56.5 60.5 51.0 New Orders*...

UPDATE - U.S. Midwest business expansion brakes sharply Tuesday September 30, 11:06 am ET By Ros Krasny (Adds quotes, prices)CHICAGO, Sept 30 (Reuters) - The pace of business expansion in the U.S. Midwest slowed unexpectedly in September, falling well short of market expectations, according to figures released on Tuesday. Business activity is rebounding from the worst downturn in two decades, but the National Association of Purchasing Management-Chicago barometer dropped to its lowest since April. The index plunged to 51.2 from 58.9 in August. Economists polled by Reuters had forecast the September index to come in at 57.0, in a range...

Chicago PMI index 58.9 in Aug vs 55.9 in July Friday August 29, 10:06 am ET NEW YORK, Aug 29 (Reuters) - The National Association of Purchasing Management-Chicago said on Friday its index of Midwest manufacturing activity came in higher in August at 58.9 from 55.9 in July, well above analysts' expectations of 55.5. The reading remained above the critical threshold of 50, which separates growth from contraction in the sector. . Aug July June May Apr Mar Feb (seasonal adj) NAPM-Chicago 58.9 55.9 52.5 52.2 47.6 48.4 54.9 Production* 61.6 58.4 56.5 60.5 51.0 49.1 62.4 New Orders* 60.5...

Chicago PMI index 55.9 in July vs 52.5 in June Thursday July 31, 10:05 am ET NEW YORK, July 31 (Reuters) - The National Association of Purchasing Management-Chicago said on Thursday its index of Midwest manufacturing activity came in at 55.9 in July, up from 52.5 in June and above analyst expectations of 54.0. The reading remained above the critical threshold of 50, which separates growth from contraction in the sector. . July June May Apr Mar Feb Jan Dec (seasonal adj) NAPM-Chicago 55.9 52.5 52.2 47.6 48.4 54.9 56.0 51.7 Production* 58.4 56.5 60.5 51.0 49.1 62.4 63.1 52.6...

The latest Chicago-area factory sector report received a rather muted reaction from investors Monday, but the data could still indicate the economy is taking steps on the road to recovery, some experts say. The Chicago Purchasing Managers' Index rose for a second consecutive month in June, reaching 52.5, but was slightly below estimates of 53, based on a Bloomberg poll of economists. In May, the index was at 52.2. Any reading above 50 indicates business activity in the factory sector is picking up. " [Manufacturing] is better, but not booming," said Jim Sullivan, U.S. economist at Warburg Dillon Reade. "At...