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US DATA
MNI (London)
US DATA: MNI Chicago Business Barometer Edges Higher In Nov
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--The Chicago Business Barometer rose 3.1 points in November, hitting a
two-month high 46.3.
--However, the index remains in contraction for the third month straight,
resulting in a further fall of the three-month average to 45.5. 
--The New Orders and Order Backlogs indices saw the largest monthly improvements
in November, while Supplier Deliveries revealed the largest fall.
--Production slipped to 42.3 in November after October's uptick, while demand
improved significantly, indicated by New Orders which rose to 49.4. 
--Order Backlogs recovered to 45.0 in November after October's sharp decline to
33.1. Nevertheless, the indicator is below 50 for a third straight month.
--Nov's special question asked if companies were passing the costs of tariffs on
or absorbing the costs. A majority of 57% said they are not passing on the costs
of tariffs in contrast to 43% who said they are.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com