THE BASIS POINT

Regional Index Contracts.

 

Chicago PMI (November 2015)

– Business Barometer Index  48.7. Previous was 56.2.

Business in the Chicago area is contracting.

Pending Home Sales Index  (October 2015)

– Pending Home Sales Index month/month +0.2%. Previous was -1.6%
– Pending Home Sales Index – Level  107.7. Previous was 107.5.

This is a leading indicator of Existing Home Sales.

 

 

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