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MNI Chicago Business Barometer Improved.....>

US DATA
MNI (London)
US DATA: MNI Chicago Business Barometer Improved in Feb 
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- MNI Chicago Business Barometer 49.0 in Feb vs 42.9 in Jan 
- MNI Chicago Business Barometer at six-month high 
- MNI Chicago: Production and Supplier Deliveries drove increase 
- MNI Chicago: New Orders and Order Backlogs edged higher
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The Chicago Business Barometer rose by 6.1 points to 49.0 in Feb, hitting the
highest level since Aug 2019. Following Jan's drop to a 4-year low, the index
moved closer to the 50-no-change-threshold, shifting up the three-month average
to 46.7. Four of the five major components showed monthly gains, except for
Employment which fell to 44.5. Production (51.0) and Supplier Deliveries (61.3)
led the increase, followed by New Orders (49.1) and Order Backlogs (38.2). There
was anecdotal evidence that coronavirus is affecting businesses via supply
chains.
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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