TomChapPell.com
About TomChapPell.com
On Friday, the Chicago Purchasing Managers Index fell by more than 5 percentage points from its April level, approaching its low for the downturn. The employment component of the index did hit a new low. These reports might have led to gloomy news stories, but not in the US media. The folks who could not see an $8 [trillion] housing bubble are still determined to find the silver lining in even the worst economic news.
