Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Key Points – November 2020 Report
The Chicago Business Barometer™, produced with MNI, slipped to 58.2 in November. The index now stands at the lowest level since August but remains inexpansion.
Among the main five indicators, New Orders and Production posted the only declines, while Supplier Deliveries saw the largest gain.
Demand cooled in November with New Orders dropping by 5.0 points to its lowest level since August.New Orders fell for the first time since May, while Production dipped 1.2 points. Some companies reported an uptick in demand, although order levels remain below pre-crisis levels. Others noted stagnant demand and adjusted production due to Covid-19.
SPECIAL QUESTION
This month's special question asked how employee productivity had been during the crisis period.
The majority, at 55.4%, reported no change in productivity during the current crisis, while 32.1% saw productivity gain between 1-10%.
The second special question asked: "Does the outcome of the general election have any effect on your forecast?" The majority, at 73.2%, noted that the election results do not influence their forecasts. On the other hand, 12.5% see their forecasts increase, while 14.3% reported a decrease.
Click below for the full press release:
MNI_Chicago_Press_Release_-2020-11.pdf
For full database history and full report on the Chicago Business Barometer™, please contact:sales@marketnews.com
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.