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MNI: Chicago Business Barometer™ Falls to 56.0 in June

(MNI) Chicago

Chicago Business Barometer Dips to 56.0 in June, follwoing last month's recovery to 60.3.

The Chicago Business BarometerTM, produced with MNI, tumbled to the lowest since August 2020 in June, giving back last month’s recovery.

The indicator has been bouncing between readings in the mid-50s and low 60s since the beginning of the year, as the Chicago business community experiences volatile conditions. All main indicators decreased except for employment, which hit the highest level since November 2021.

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The Chicago Business BarometerTM, produced with MNI, tumbled to the lowest since August 2020 in June, giving back last month’s recovery.

The indicator has been bouncing between readings in the mid-50s and low 60s since the beginning of the year, as the Chicago business community experiences volatile conditions. All main indicators decreased except for employment, which hit the highest level since November 2021.

Keep reading...Show less