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MNI Chicago Business Barometer Declines.....>

US DATA
MNI (London)
US DATA: MNI Chicago Business Barometer Declines to 61.9 in February  
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The MNI Chicago Business Barometer fell 3.8 points to 61.9 in February, down
from 65.7 in January, to the lowest level since August 2017. Business activity
continued to expand in February, although at a softer pace than in January. All
five of the Barometer components lost ground on the month, but despite a second
straight monthly fall, the Barometer was still up 8% on last February and above
the 2017 average of 60.8. As in January, firms reported a slower pace of both
incoming orders and output in February. The New Orders indicator fell to a
six-month low, contributing the most to the Barometer's decline, while the
Production indicator also fell in February, down to a level last seen lower in
September. The survey period ran from February 1 to February 20.
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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