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

US DATA
MNI (London)
US DATA: MNI Chicago Business Barometer Rises to 67.6 in December
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The MNI Chicago Business Barometer rose to 67.6 in December, up from 63.9 in
November, closing the year at the highest level since March 2011. On a calendar
quarter basis, the Barometer rose to 65.9 in Q4 from 61.0 in Q3, the best
quarterly performance since Q1 2011 and only the third Q4 period in the last
decade to register three consecutive above-60 readings. Both output and demand
showed strong gains in December, with each rising to multi-year highs. The
Production indicator rose to a level last seen higher 34 years ago, while the
New Orders Indicator hit a three-and-a-half year high. As for the other three
indicators that comprise the Barometer, Order Backlogs also grew while
Employment and Supplier Deliveries lost ground on the month. The survey period
ran from December 1 to December 19.
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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