Research >> Economics
Chicago Purchasing Managers plummeted to its lowest level
CHICAGO BUSINESS BAROMETER™ PLUMMETED
The Chicago Purchasing Managers reported the CHICAGO BUSINESS BAROMETER plummeted in October to the lowest level since May 2001 as the three month moving average fell for all series except Inventories
BUSINESS ACTIVITY:
PRICES PAID and PRODUCTION indexes reported record declines;
EMPLOYMENT continued year-long decline;
BUYING POLICY: lead-times were reduced.
Posted: October 31, 2008 Friday 11:03 AM