Global| Mar 31 2020U.S. Chicago Business Barometer Fell in March
by:Sandy Batten
|in:Economy in Brief
Summary
• • • The Chicago Purchasing Managers Business Barometer rebounded to 49.0 in February.................. The MNI Chicago Report is produced by MNI in partnership with ISM-Chicago. The survey covers a sample of over 200 purchasing [...]
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The Chicago Purchasing Managers Business Barometer rebounded to 49.0 in February..................
The MNI Chicago Report is produced by MNI in partnership with ISM-Chicago. The survey covers a sample of over 200 purchasing professionals in the Chicago area with a monthly response rate of about 50%. Summary data are contained in Haver's USECON database, with detail including the ISM-style index in the SURVEYS database. The Action Economics Forecast Survey is available in AS1REPNA.
| Chicago Purchasing Managers Index (%, SA) | Mar | Feb | Jan | Mar '19 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| General Business Barometer | 49.0 | 42.9 | 48.2 | 61.6 | 51.3 | 62.4 | 60.8 |
| ISM-Adjusted General Business Barometer | 50.8 | 44.9 | 48.6 | 58.2 | 51.4 | 60.8 | 59.0 |
| Production | 51.0 | 42.7 | 46.5 | 62.8 | 51.2 | 64.5 | 64.2 |
| New Orders | 49.1 | 41.5 | 47.6 | 64.6 | 52.0 | 63.8 | 63.4 |
| Order Backlogs | 38.2 | 34.6 | 44.8 | 60.5 | 46.9 | 58.0 | 55.2 |
| Inventories | 48.1 | 40.2 | 46.1 | 49.0 | 48.7 | 55.4 | 54.9 |
| Employment | 44.5 | 47.0 | 47.2 | 54.3 | 49.6 | 55.3 | 52.9 |
| Supplier Deliveries | 61.3 | 53.3 | 55.4 | 60.1 | 55.6 | 64.8 | 59.4 |
| Prices Paid | 52.9 | 56.1 | 58.1 | 68.3 | 58.5 | 73.9 | 64.0 |
Sandy Batten
AuthorMore in Author Profile »Sandy Batten has more than 30 years of experience analyzing industrial economies and financial markets and a wide range of experience across the financial services sector, government, and academia. Before joining Haver Analytics, Sandy was a Vice President and Senior Economist at Citibank; Senior Credit Market Analyst at CDC Investment Management, Managing Director at Bear Stearns, and Executive Director at JPMorgan. In 2008, Sandy was named the most accurate US forecaster by the National Association for Business Economics. He is a member of the New York Forecasters Club, NABE, and the American Economic Association. Prior to his time in the financial services sector, Sandy was a Research Officer at the Federal Reserve Bank of St. Louis, Senior Staff Economist on the President’s Council of Economic Advisors, Deputy Assistant Secretary for Economic Policy at the US Treasury, and Economist at the International Monetary Fund. Sandy has taught economics at St. Louis University, Denison University, and Muskingun College. He has published numerous peer-reviewed articles in a wide range of academic publications. He has a B.A. in economics from the University of Richmond and a M.A. and Ph.D. in economics from The Ohio State University.
