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.
The Chicago Business Barometer™, produced with MNI surged +11.8 points to 55.8 from 44.0 in October. This represents the first expansionary reading since August 2022, the highest level since May 2022, and the biggest monthly rise since September 2020.
Source: MNI / ISM Chicago
PRODUCTION RE-ENTERS EXPANSIONARY TERRITORY; ORDER BACKLOGS AND SUPPLIER DELIVERIES ALSO RISE
Production improved +15.9 points to 62.4 – the highest level since December 2021, and re-enters expansion after last months contraction.
Order backlogs rose +7.4 points higher.
Supplier deliveries extended +9.7 points.
NEW ORDERS, INVENTORIES AND EMPLOYMENT RISE NOTABLY; PRICES PAID FALLS SLIGHTLY
New Orders rose +12.5 points, the second consecutive month-on-month rise, and is now only -0.9 points below August’s recent high. The change was driven by an increase in demand by respondents.
Employment advanced +3.7 points to 53.9, the highest level since July 2022.
Prices paid remained largely unchanged at -0.2 points to 59.9 and remains below levels seen for the majority of the last three calendar years.
Inventories expanded by +9.9 points, as businesses scaled up for higher production.
The survey ran from 1 November to 13 November
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.