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MNI Chicago Business Barometer Rises to.....>

US DATA
MNI (London)
US DATA: MNI Chicago Business Barometer Rises to 64.1 in June
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The MNI Chicago Business Barometer rose 1.4 points to 64.1 in June, up from 62.7
in May, hitting the highest level since January. Business activity expanded at a
faster pace in June, with firms' operations up for a third consecutive month.
Four of the five Barometer components strengthened on the month, with only
Production losing ground, leaving the Barometer up 0.8% on the year. Partially
spurring the Barometer's rise was an increase in orders, offset by a slight fall
in output growth. Production lost ground for the fourth time since peaking in
December, with firms stifled by issues higher up in the supply chain. Lead times
lengthened further on the month, partly responsible for the month's increase in
unfinished orders. Prices Paid rose to a seven year high. The survey period ran
from June 1 to June 18.
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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