Research >> Economics
Chicago Purchasing Managers Index Fell to 56.2
The Chicago Purchasing Managers reported the April Chicago Business Barometer decreased for a second consecutive month. After five months above 60, the Chicago Business Barometer fell to 56.2, a 29 month low. The index has remained in expansion since October 2009.
BUSINESS ACTIVITY:
• PRODUCTION lowest level since September 2009;
• PRICES PAID down from March's 7 month high;
• INVENTORIES down in 6 of last 7 months;
• SUPPLIER DELIVERIES lowest since September 2011.
BUYING POLICY:
• PRODUCTION MATERIAL lowest lead times since June 2010.
Posted: April 30, 2012 Monday 10:00 AM