Chicago Purchasing Managers Barometer Has Big Gain in January 2013
From Econintersect Combined RSS Feed
January 31, 2013 - 9:54am
The market was expecting a value of 50.0 to 50.5 versus the reported value of 55.6. A number below 50 indicates contraction.
The Chicago Purchasing Managers reported the Chicago Business Barometer accelerated 5.6 to 55.6, its highest level since April 2012. The Business Barometer advanced amid broad gains in Production, New Orders, and Employment. Five of seven business barometer indexes gained, but inconsistent with the expansionary theme were declines in Supplier Deliveries and Prices Paid.
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