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Big jumps in supplier delivery times, employment, and prices look to be behind the improved...
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Friday, November 30, 2012, 10:00 AM ETBig jumps in supplier delivery times, employment, and prices look to be behind the improved headline read in the Chicago PMI, but the gauge's best leading indicator - new orders - took a big hit, falling to 45.3 from 50.6, the lowest level since June 2009. "Business sales (have) been slowing throughout the year, and continue to slow, but now at an increasing rate; becoming very alarming." (full report)
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"We are officially swamped and doing everything we can to get our machines out this year....some will bleed into 2013, but we will make up a large portion of our yearly revenue in Q4."