MNI Chicago Business Barometer Eases to.....>

US DATA: MNI Chicago Business Barometer Eases to 63.9 in November 

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The MNI Chicago Business Barometer eased to 63.9 in November, down from 66.2 in

October, to stand at the lowest level in three months. Despite receding from the

six-and-a-half year high notched in October, optimism among businesses recorded

the fourth highest outturn this year. The Barometer has expanded for 21

consecutive months and is poised to see out 2017 in solid fashion. Output

expanded at a robust rate in November, as businesses continued to benefit from

healthy domestic conditions and an abating of the disruption brought about by

the recent adverse weather. New Orders, although retreating from October's

four-month high, remained in good health. Of the Barometer's other three

sub-components, Order Backlogs was the only other to also lose ground during the

month. The survey period ran from November 1 to November 21.