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    October 31, 2024

    Chicago Business Barometer slips in October

    Written by Brett Linton

    The Chicago Business Barometer fell to a five-month low in October and continues to indicate deteriorating business conditions, according to Market News International (MNI) and the Institute for Supply Management (ISM).

    The Barometer reading eased five points from September to 41.6 in October. Recall that September’s reading was the second-highest reading of the year. A barometer reading above 50 indicates improving business conditions, while a reading below that indicates contracting conditions.

    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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