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    May 31, 2024

    Chicago Business Barometer fell to four-year low in May

    Written by Brett Linton

    The Chicago Business Barometer tumbled lower in May, now at the lowest measure recorded since May 2020, according to Market News International (MNI) and the Institute for Supply Management (ISM).

    The Barometer reading eased 2.5 points to 35.4 in May from April, marking the sixth consecutive month of contracting business conditions. The latest reading is tied with April 2020 for the second-lowest reading seen in our 13-year data history.

    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.

    Read more from Brett Linton

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