Research >> Economics
Chicago Purchasing Managers Index Rebounded
The Chicago Purchasing Managers reported the CHICAGO BUSINESS BAROMETER rebounded in June and posted a twenty-first month of growth.
BUSINESS ACTIVITY:
PRODUCTION and NEW ORDERS accelerated to mark nearly two years of expansion while their three-month averages declined;
ORDER BACKLOGS diverged from improvements in PRODUCTION and NEW ORDERS;
Breadth of inflation reported in PRICES PAID eased for a third month.
BUYING POLICY:
Lead times reported for CAPITAL EQUIPMENT lengthened to a level not seen since June 2006.
Posted: June 30, 2011 Thursday 10:00 AM