Research >> Economics
Chicago Purchasing Managers Inched Higher
The Chicago Purchasing Managers reported the CHICAGO BUSINESS BAROMETER gained slightly to mark its thirteenth month of expansion. All Business Activity and Buying Policy indexes increased in October.
BUSINESS ACTIVITY:
PRODUCTION and NEW ORDERS increased together for a second month;
PRICES PAID jumped;
EMPLOYMENT improved slightly;
INVENTORIES returned to growth.
BUYING POLICY:
Lead times for PRODUCTION MATERIEL and CAPITAL EQUIPMENT lengthened after September’s jump.
Posted: October 29, 2010 Friday 10:00 AM