Chicago PMI Misses

In one of the few US economic releases today, Chicago PMI missed this morning

Released On 10/31/2012 9:45:00 AM For Oct, 2012

Prior Consensus Consensus Range Actual Business Barometer Index - Level 49.7  51.0  49.5  to 52.0  49.9  The PMI was released 30 minutes early, apparently a mistake by Market News, but this is what I tell you all the time, they have the numbers-just under an embargo, however it's a system perfectly set up for conflicts of interest. While this was a slight beat to the prior, it was a big miss of consensus and in contraction. The employment sub-index fell to 50.3 from 52, only .3 above contraction-this also being the lowest print in 33 months. PMI continues its march across the world in to the abyss.