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MNI CHICAGO BUSINESS BAROMETER 43.2 OCT.....>

US DATA
MNI (London)
US DATA: MNI CHICAGO BUSINESS BAROMETER 43.2 OCT VS 47.1 SEP
------------------------------------------------------
-The Chicago Business Barometer fell 3.9 points to 43.2 in October, the lowest
level since December 2015.
-The index slipped further into contraction with a second straight sub-50
reading. 
-The survey points to further weakness in business activity, with the
three-month average falling further to 46.9.
-Only two of the major components saw a monthly decline, although both New
Orders and Order Backlogs fell sharply in October.
-While demand weakened significantly in October -- New Orders declined to 37.0,
its lowest since March 2009 -- Production bounced up to 46.8, although the
indicator has been in contraction since July.
-Order Backlogs fell 13.6 points to 33.1, below the 50-mark for a second
successive, at a near 4-year low.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
Energy BulletsCommodities
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
Energy BulletsCommodities

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