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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.
MNI (London)
Key Points – January 2022 Report
The Chicago Business Barometer™, produced with MNI, rose to 65.2 in January, following an upwards adjustment in December to 64.3 from 63.1.
Among the main five indicators, Order Backlogs, Employment and Supplier Deliveries were higher.
- Production and New Orders fell across the month.
- Prices Paid softened 1.9 points to an eight-month low, just below the high 12-month average of 89.1.
- Supplier Deliveries lengthened, although some firms began to see easing of supply chain disruptions. Others found covid outbreaks to be impacting lead times.
- Production slowed 2.4 points, sitting almost four points below the 12-month average as labor absences and material shortages reduced production capacities.
- Employment climbed following three consecutive months of decline, recovering 4.6 points to around August 2021 levels.
- New Orders slowed in January, but remain 1.3 points above the 12-month average, despite firms citing seasonal slowdowns.
- Order Backlogs inched up but was below the 12- month average of 66.8.
- Inventories dropped 5.8 points. Firms expressed persistent shortages of raw materials, chemicals and packaging were depleting stocks.
SPECIAL QUESTION
This month, we asked firms “Are you seeing any easing up in the supply chain blockages yet?” The largest share (59.5%) said no, whilst 37.8% said yes and somewhat.
Click below for the full press release:
MNI_Chicago_Press_Release_-_2022-01 (1).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.
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