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    April 30, 2024

    Chicago Business Barometer falls to 16-month low

    Written by Brett Linton

    The Chicago Business Barometer slipped further in April, now at the lowest measure recorded since November 2022 according to Market News International (MNI) and the Institute for Supply Management (ISM).

    The Barometer reading eased 3.5 points to 37.9 in April from March, marking the fifth consecutive month it has been in contractionary territory. This is the fifth-lowest reading seen over the last decade, only greater than the previously mentioned month as well as April, May, and June 2020.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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