Chicago Business Barometer ticked up in August, remains low

The Chicago Business Barometer edged up in August but remains in contraction territory, according to the latest release from Market News International (MNI) and the Institute for Supply Management (ISM).

The Barometer reading rose almost one point from July to August to 46.1, the second-highest reading of the year. A reading above 50 indicates improving business conditions, while a reading beneath that indicates contraction.

Chicago Business Barometer

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.

Brett Linton

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