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Chicago PMI Plunges to 37.9, Stagflation Looms

Chicago PMI Plunges to 37.9, Stagflation Looms  Remember the good times back in November 2023 when the Chicago PMI was at its highest point in two years?  Well, things have taken a turn for the worse since then.  The PMI has been on a downward spiral for five consecutive months.  April's data just came out, and it's not what we ...

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