July 2018 Chicago PMI highlights
Prior was 64.1
Production grew at a faster pace
Prices paid rose at a faster pace (10-year high)
Employment expanded at a faster pace
New orders grew at a faster pace (six-month high)
Inventories hit 18-month low
The 65.5 reading matched the highest economist estimate. Those low inventories point to more growth in the months ahead. A lot of things are beginning to go right for the US economy.