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MNI: MNI Chicago Business Barometer Declines to......>

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MNI (London)
MNI: MNI Chicago Business Barometer Declines to 65.7 in January 
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The MNI Chicago Business Barometer fell 2.1 points to 65.7 in January from a
previously revised 67.8 in December. Despite losing some ground in January, the
Barometer continued in the same vein of form it displayed in the second half of
2017, making for an encouraging start to the New Year. The Barometer was up
28.3% on last January and at 65.7, stands above the H2 2017 average of 64.0.
Three of the five components that comprise the Barometer fell on the month, with
only Employment and Supplier Deliveries notching up gains in January. Firms
reported a moderately slower pace of both incoming orders and output in January.
The New Orders indicator fell to a five-month low, contributing most to the
Barometer's decline, while the Production indicator also fell in January, albeit
to a lesser extent. The survey period ran from January 2 to January 22.
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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