The Chicago Business Barometer slipped 3.9 points to 59.1 in December. It is the second consecutive month that the barometer has fallen but the reading well above 50 indicates expansion is still strong although moderating. New Orders, Production and Order Backlogs continued to expand but at a slower rate. Employment fell to just above the […]
The Chicago Business Barometer surged 10.2 points to 65.9 in October—it’s highest reading since March 2011 and its biggest monthly gain in 30 years. Double digit growth was seen in New Orders, Production and Order Backlogs. The October government shutdown seemed to have little effect on Chicago area businesses. New orders shot up to their […]
The Chicago Business Barometer edged up 0.7 points in August, registering 53 from a reading of 52.3 in July, according to MNI Indicators. A gain in New Orders and Backlogs helped push the indicator upwards. The slight increase, however, indicates stabilization after an erratic second quarter. MNI reports the Barometer is still too close to […]
The Chicago Purchasing Managers reported the Chicago Business Barometer rose again, up 1.2 points to 56.8, its highest level since last March. There was improvement in New Orders, Order Backlogs, and Supplier Deliveries while Production and Employment expanded at a slower pace. New orders reported its third consecutive monthly gain and 11-month high while order […]