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MNI Chicago Business Barometer™ Improved to 44.9 in December

US DATA
MNI (London)

The Chicago Business BarometerTM, produced with MNI, increased by 7.7 points to 44.9 in December. This month’s recovery broke a three-month streak of falls, yet the index remained contractive for a fourth consecutive month.

  • Production rose by 3.3 points to 39.2 in December, improving from November’s 29-month low.
  • New Orders jumped by 13.4 points to 44.1, the highest since August. A number of last-minute and year-end blanket orders provided a solid December boost.
  • Order Backlogs saw the largest December increase, rising by 17.6 points to 53.7, giving back more than the November fall.
  • Employment weakened by 6.3 points to 40.8 in December, the second lowest level since H1-2020 and only marginally above the September low.
  • Supplier Deliveries rose by 2.8 points to 52.7, as improved response times were experienced.
  • Inventories fell by 11.8 points to a five-month low of 48.0 as firms continued to normalize stock levels.
  • Prices Paid eased a further 2.1 points to 64.1 in December, the lowest since September 2020.
  • The survey ran from December 1 to 19.



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