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Chicago Business Barometer™ Rises To 65.2 In January

US DATA
(MNI) LONDON

The Chicago Business BarometerTM, 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 of 89.0, just below the high 12-month average of 89.1.

Supplier Deliveries lengthened to 87.6, although some firms began to see easing of supply chain disruptions. Others found covid outbreaks impacting lead times.


Production slowed 2.4 points to 60.6, 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 49.1 to around August 2021 levels.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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