Chicago PMI surprises to downside
CNBC Televisionยท2025-08-29 14:50
Welcome back to Squawk on the Street. Rick Santelli here live at the CME HQ with some breaking news. Chicago PMI.This is an August number. We're expecting a number below 50. 46 comes in much worse at 41.5%.Couple things about this number. That is now the 21st consecutive month under 50. Last time we're at 50 or above expansion was December of 23.41.5% is the weakest. Well, just since June when it was 40.4%. So, obviously, uh, any manufacturing going on in this city of Chicago area doesn't seem to be taking ...