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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.
US DATA
MNI (London)
The Chicago Business BarometerTM, produced with MNI, tumbled -8.2 points to a six-month low of 40.4 in May. The headline index has now been in contractionary territory for nine consecutive months.
- Production slumped by -8.3 points to 39.6 in May, more than reversing the April rebound.
- New Orders declined by -6.0 points to a six-month low. This is the second lowest print since June 2020.
- Prices Paid cooled by -9.4 points to 60.9, the softest since August 2020. Weak demand was cited as the key downwards driver of prices.
- Order Backlogs fell -15.1 points to the lowest level since May 2020. Automotive backlogs remained elevated.
- Employment softened by -2.7 points to 48.5 in May.
- Supplier Deliveries eased by -2.7 points as supply chain pressures continued to normalize for the majority of inputs.
- Inventories slipped -4.4 points to the lowest level since July 2021.
- The survey ran from May 1 to 15.
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.
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