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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.
US DATA
The Chicago Business Barometer™, produced with MNI, ticked up by +1.3 points to 42.8 in July, the second consecutive monthly increase. However, with the exception of Prices Paid, all of the sub-indices remain in contractive territory (sub-50).
- The biggest contributor to the increase in the headline index was New Orders, which rose +3.4 points. However, this masked the fact that the proportion of respondents reporting an increase in new orders in June was actually the lowest of the year.
- Prices Paid increased +8.6 points to 62.1, with broadly the same proportion reporting higher prices in July as in June, but only 4% of respondents seeing lower prices – the smallest proportion since July 2022.
- Production advanced +2.5 points to 45.1.
- Order Backlogs picked up +2.7 points.
- Employment dropped -5.9 points. It recorded just the second reading below 40 this year.
- Supplier Deliveries were a further -4.0 points lower, the lowest level since June 2009.
- Inventories fell -4.0 points, with the reading only subceded once since October 2009 (in March 2020).
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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