January Chicago PMI

Chicago Purchasing Manager’s Index:  51.5 vs 52 est.

- Prices Paid: 81.7 v 63.8 last
- New Orders: 44.7 v 58.4 last

- Employment: 47.0 v 49.0 last
- Inventories:  51.1 v  44.0 last
- Supplier Deliveries: 61.7 v 47.9 last
- Production:  51.3 v 55.4 last
- Order Backlogs: 48.0 v 60.7 last

No slowdown, no inflation?  Not according to these numbers.

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