{"id":1666784,"date":"2026-02-27T15:05:00","date_gmt":"2026-02-27T20:05:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1666784"},"modified":"2026-02-27T15:05:00","modified_gmt":"2026-02-27T20:05:00","slug":"soft-data-soars-to-2-year-highs-as-chicago-pmi-smashes-expectations","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/soft-data-soars-to-2-year-highs-as-chicago-pmi-smashes-expectations\/1666784\/","title":{"rendered":"&#8216;Soft&#8217; Data Soars To 2-Year Highs As Chicago PMI Smashes Expectations"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">&#8216;Soft&#8217; Data Soars To 2-Year Highs As Chicago PMI Smashes Expectations<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p><strong>Market News International&#8217;s Chicago Business Barometer smashed expectations this morning, print 57.7<\/strong> &#8211; the highest since May 2022 &#8211; and above the highest analysts&#8217; expectation.<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfmE2E3_0.jpg?itok=EJsm6Ppk\"><\/a><\/p>\n<p>This is the second straight month above 50 (signaling expansion) with new orders and employment surging (but prices also rising)&#8230;<\/p>\n<p>Prices paid rose at a faster pace; signaling expansion<\/p>\n<p><strong>New orders rose at a faster pace; signaling expansion<\/strong><\/p>\n<p><strong>Employment rose and the direction reversed; signaling expansion<\/strong><\/p>\n<p>Inventories fell and the direction reversed; signaling contraction<\/p>\n<p>Supplier deliveries rose at a faster pace; signaling expansion<\/p>\n<p><strong>Production rose at a faster pace; signaling expansion<\/strong><\/p>\n<p>Order backlogs fell and the direction reversed; signaling contraction<\/p>\n<p>This post-government-shutdown rebound in survey-based data has pushed &#8216;soft&#8217; data to its highest since Jan 2024&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm8F8C_0.jpg?itok=lPh60LYZ\"><\/a><\/p>\n<p>&#8230;and while &#8216;hard&#8217; data has limped lower recently, its remains comfortably positive.<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Fri, 02\/27\/2026 &#8211; 10:05<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/economics\/soft-data-soars-2-year-highs-chicago-pmi-smashes-expectations\" target=\"_blank\" class=\"\">https:\/\/www.zerohedge.com\/economics\/soft-data-soars-2-year-highs-chicago-pmi-smashes-expectations<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8216;Soft&#8217; Data Soars To 2-Year Highs As Chicago PMI Smashes Expectations Market News International&#8217;s Chicago Business Barometer smashed expectations this morning, print 57.7 &#8211; the&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1666785,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1666784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1666784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1666784"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1666784\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1666785"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1666784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1666784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1666784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}