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US DATA: MNI Chicago Business Barometer.....>

US DATA
US DATA: US DATA: MNI Chicago Business Barometer Climbs to 66.2 in October
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The MNI Chicago Business Barometer rose to 66.2 in October, up from 65.2 in
September, hitting the highest level since March 2011. After a bullish September
showing, firms' optimism regarding the business landscape found further room to
grow as they entered the final quarter of the year. Of the five Barometer
sub-components, only Employment and Supplier Deliveries slipped from their
respective September levels. Steering the month's result, both demand and output
climbed for the third straight month to robust levels. New Orders rose to its
highest level since June and the second highest since May 2014 while Production
hit its highest level since August 2014. Together, both indicators account for
60% of the Barometer. Order Backlogs have trended upwards since the start of Q2
and in October reached a level not seen in over 43 years, having had set a
29-year high last month. The survey period ran from October 2-18.

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