The following US economic statistics were announced today:

The MBA mortgage applications report is delayed due to Hurricane Sandy.

The Chicago Purchasing Managers Index rose 0.2 points in October to 49.9, compared to September’s 49.7, which was the first negative index of the "recovery", as any score below 50 indicates economic contraction.

The employment cost index in the third quarter rose 0.4%, with the year-on-year rate up 2.0%.

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Dale Franks
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