Research >> Economics
Chicago Purchasing Managers Index Stabilized at 52.9
The Chicago Purchasing Managers reported the June Chicago Business Barometer stabilized just above May's 33 month low. The short-term trend of the Chicago Business Barometer fell for the third month. The three-month moving average of each Business Activity index, except Employment, fell in June.
BUSINESS ACTIVITY:
• PRODUCTION rebounded;
• NEW ORDERS and ORDER BACKLOGS lowest since September 2009;
• PRICES PAID were at a 30 month low. BUYING POLICY:
• M.R.O. SUPPLIES lead times plummeted.
Posted: June 29, 2012 Friday 10:00 AM