Free Trial

MNI Chicago Business Barometer Surges in Sep

US DATA

MNI CHICAGO BUSINESS BAROMETER 62.4 SEP VS 51.2 AUG

MNI CHICAGO BUSINESS BAROMETER 55.2 Q3 VS 34.8 Q2

MNI CHICAGO BUSINESS BAROMETER: HIGHEST SINCE DECEMBER 2018

MNI CHICAGO BUSINESS BAROMETER: HIGHEST SINCE Q1 2019

  • The Chicago Business Barometer jumped 11.2pt in Sep to the highest level since Dec 2018 as business activity recovered across the board.
  • Through Q3, business sentiment recovered sharply by 20.4pt, marking the strongest reading since Q1 2019.
  • All main five indicators saw m/m gains in Sep, with Production (67.9) and New Orders (64.9) leading the way.
  • Order Backlogs increased to 52.9 and Supplier Deliveries ticked up to 67.4, while Employment was the only major category to register below the 50-mark in Sep at 45.7.
  • Inventories rose significantly to 47.8, while Prices Paid increased to 64.7.
  • New Orders (57.2) and Production (56.8) saw the largest quarterly increases, followed by Order Backlogs (48.7) and Employment (42.3), while Supplier Deliveries (64.1) was the only major category to fall on a q/q basis.
  • The majority of respondents (52.2%) reported an increase in business costs during the pandemic, while only 13.0% saw decreasing costs.
  • Companies continued to see the pandemic impacting business activity in Sep as suppliers are struggling to return to pre-covid capacity due to local restrictions.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.