More on Chicago PMI: The improvement was led by a jump in New Orders to 54 from 45.3. Employment...


More on Chicago PMI: The improvement was led by a jump in New Orders to 54 from 45.3. Employment however, fell to 45.9 from 55.2. Among the comments: "Lots of uncertainty on 2.3% Medical Device Tax ... Sales seem to be softening. Let's see what the new year brings ... Credit is difficult to obtain or is relatively expensive." (full report)

Comments (2)
  • bgold1955
    , contributor
    Comments (2351) | Send Message
     
    "Sales softening on 2.3 medical device tax". Tax doesn't begin until 2013 so you would think it would be soaring in 2012. Or perhaps it really won't have a material impact at all. Prediction: tax will have no impact in 2013 sales. Just whining by corps at this point in an attempt to get congress to change.
    28 Dec 2012, 10:00 AM Reply Like
  • june1234
    , contributor
    Comments (4411) | Send Message
     
    I like that one too. Employment in the Chicago PMI area fell 15% because of a 2% future tax on medical devices. And they get paid to write this stuff. Maybe someone could explain to them that health care sector is going to see 30 million new customers. Champagne might be in order.
    28 Dec 2012, 10:48 AM Reply Like
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