Chicago PMI nearly stable at 62.5 in December

WASHINGTON (MarketWatch)
The Chicago PMI for December dipped 0.1 point to 62.5, a better-than-forecast reading and the 27th month of expansion.
Economists polled by MarketWatch had anticipated a 60.0 reading.
Readings above 50 indicate expansion.
"It appears to be a good close to an up and down year," said one respondent to the survey.
"Our backlog remains solid with several new orders still pending," added another.