Research >> Economics
Chicago Purchasing Managers Index Stabilized at 62.5
The Chicago Purchasing Managers reported the December CHICAGO BUSINESS BAROMETER stabilized near November's 7-month high and marked a 27th month of expansion.
PRICES PAID rebounded from November's 14-month low;
EMPLOYMENT erased November's deceleration;
ORDER BACKLOGS expanded to its highest level since April 2011;
PRODUCTION, NEW ORDERS edged off November's 7-and 8-month highs, respectively.
PRODUCTION MATERIAL, MRO SUPPLIES, CAPITAL EQUIPMENT all declined to multi-month lows.
Posted: December 29, 2011 Thursday 09:45 AM