Research >> Economics
Chicago Purchasing Managers Index Eased
The Chicago Purchasing Managers reported the CHICAGO BUSINESS BAROMETER continued to signal growth, but at a slower rate— marking a sixth month of recovery. All business activity indexes marked expansion in March.
BUSINESS ACTIVITY:
PRICES PAID slowed its upward climb for the first time since July 2009;
INVENTORIES chalked up the first month of build since October 2008;
ORDER BACKLOGS reversed February’s acceleration.
BUYING POLICY:
Lead times for PRODUCTION MATERIEL lengthened while other indexes shortened.
Posted: March 31, 2010 Wednesday 10:00 AM